GOLD PRICE IN JAPANESE YEN — NOVEMBER 4, 2008
💱 XAU/JPY · Tuesday, November 4, 2008
On Tuesday, November 4, 2008, the gold spot price was C$871.21 per troy ounce in Canadian Dollars, equivalent to ¥90,867.20 JPY per ounce or ¥2,921.45 JPY per gram. Gold rose +1.76% 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 — NOVEMBER 4, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$871.21 | C$28.01 | C$28,010.01 |
| JPY | ¥90,867.20 | ¥2,921.45 | ¥2,921,444.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$836.64 | ¥87,261.55 |
| High | C$875.82 | ¥91,348.03 |
| Low | C$836.64 | ¥87,261.55 |
| Close | C$871.21 | ¥90,867.20 |