GOLD PRICE IN JAPANESE YEN — NOVEMBER 11, 2008
💱 XAU/JPY · Tuesday, November 11, 2008
On Tuesday, November 11, 2008, the gold spot price was C$884.26 per troy ounce in Canadian Dollars, equivalent to ¥92,228.32 JPY per ounce or ¥2,965.21 JPY per gram. Gold fell -0.64% 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 11, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$884.26 | C$28.43 | C$28,429.58 |
| JPY | ¥92,228.32 | ¥2,965.21 | ¥2,965,204.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$886.91 | ¥92,504.71 |
| High | C$888.60 | ¥92,680.98 |
| Low | C$881.60 | ¥91,950.88 |
| Close | C$884.26 | ¥92,228.32 |