GOLD PRICE IN JAPANESE YEN — NOVEMBER 10, 2008
💱 XAU/JPY · Monday, November 10, 2008
On Monday, November 10, 2008, the gold spot price was C$889.95 per troy ounce in Canadian Dollars, equivalent to ¥92,821.79 JPY per ounce or ¥2,984.29 JPY per gram. Gold rose +2.63% 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 10, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$889.95 | C$28.61 | C$28,612.52 |
| JPY | ¥92,821.79 | ¥2,984.29 | ¥2,984,285.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$894.01 | ¥93,245.24 |
| High | C$899.50 | ¥93,817.85 |
| Low | C$892.69 | ¥93,107.57 |
| Close | C$889.95 | ¥92,821.79 |