GOLD PRICE IN JAPANESE YEN — OCTOBER 22, 2008
💱 XAU/JPY · Wednesday, October 22, 2008
On Wednesday, October 22, 2008, the gold spot price was C$921.17 per troy ounce in Canadian Dollars, equivalent to ¥96,078.03 JPY per ounce or ¥3,088.98 JPY per gram. Gold fell -0.77% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — OCTOBER 22, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$921.17 | C$29.62 | C$29,616.26 |
| JPY | ¥96,078.03 | ¥3,088.98 | ¥3,088,975.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$969.41 | ¥101,109.46 |
| High | C$969.41 | ¥101,109.46 |
| Low | C$905.72 | ¥94,466.60 |
| Close | C$921.17 | ¥96,078.03 |