GOLD PRICE IN JAPANESE YEN — NOVEMBER 17, 2008
💱 XAU/JPY · Monday, November 17, 2008
On Monday, November 17, 2008, the gold spot price was C$910.98 per troy ounce in Canadian Dollars, equivalent to ¥95,015.21 JPY per ounce or ¥3,054.81 JPY per gram. Gold fell -0.66% 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 17, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$910.98 | C$29.29 | C$29,288.64 |
| JPY | ¥95,015.21 | ¥3,054.81 | ¥3,054,805.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$910.98 | ¥95,015.21 |
| High | C$910.98 | ¥95,015.21 |
| Low | C$910.98 | ¥95,015.21 |
| Close | C$910.98 | ¥95,015.21 |