GOLD PRICE IN JAPANESE YEN — NOVEMBER 18, 2008
💱 XAU/JPY · Tuesday, November 18, 2008
On Tuesday, November 18, 2008, the gold spot price was C$901.90 per troy ounce in Canadian Dollars, equivalent to ¥94,068.17 JPY per ounce or ¥3,024.36 JPY per gram. Gold fell -1.00% 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 18, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$901.90 | C$29.00 | C$28,996.72 |
| JPY | ¥94,068.17 | ¥3,024.36 | ¥3,024,357.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$908.55 | ¥94,761.77 |
| High | C$917.05 | ¥95,648.31 |
| Low | C$903.63 | ¥94,248.61 |
| Close | C$901.90 | ¥94,068.17 |