GOLD PRICE IN JAPANESE YEN — OCTOBER 28, 2008
💱 XAU/JPY · Tuesday, October 28, 2008
On Tuesday, October 28, 2008, the gold spot price was C$937.58 per troy ounce in Canadian Dollars, equivalent to ¥97,789.59 JPY per ounce or ¥3,144.01 JPY per gram. Gold fell -2.52% 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 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$937.58 | C$30.14 | C$30,143.85 |
| JPY | ¥97,789.59 | ¥3,144.01 | ¥3,144,003.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$927.05 | ¥96,691.31 |
| High | C$949.63 | ¥99,046.41 |
| Low | C$926.55 | ¥96,639.17 |
| Close | C$937.58 | ¥97,789.59 |