GOLD PRICE IN JAPANESE YEN — OCTOBER 27, 2008
💱 XAU/JPY · Monday, October 27, 2008
On Monday, October 27, 2008, the gold spot price was C$961.84 per troy ounce in Canadian Dollars, equivalent to ¥100,319.91 JPY per ounce or ¥3,225.36 JPY per gram. Gold rose +3.70% 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 27, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$961.84 | C$30.92 | C$30,923.83 |
| JPY | ¥100,319.91 | ¥3,225.36 | ¥3,225,355.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$963.26 | ¥100,468.02 |
| High | C$965.47 | ¥100,698.52 |
| Low | C$923.32 | ¥96,302.28 |
| Close | C$961.84 | ¥100,319.91 |