GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2008
💱 XAU/JPY · Thursday, November 6, 2008
On Thursday, November 6, 2008, the gold spot price was C$875.39 per troy ounce in Canadian Dollars, equivalent to ¥91,303.18 JPY per ounce or ¥2,935.46 JPY per gram. Gold rose +1.11% 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 6, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$875.39 | C$28.14 | C$28,144.40 |
| JPY | ¥91,303.18 | ¥2,935.46 | ¥2,935,461.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$890.00 | ¥92,827.00 |
| High | C$908.67 | ¥94,774.28 |
| Low | C$876.23 | ¥91,390.79 |
| Close | C$875.39 | ¥91,303.18 |