GOLD PRICE IN JAPANESE YEN — NOVEMBER 19, 2008
💱 XAU/JPY · Wednesday, November 19, 2008
On Wednesday, November 19, 2008, the gold spot price was C$921.94 per troy ounce in Canadian Dollars, equivalent to ¥96,158.34 JPY per ounce or ¥3,091.56 JPY per gram. Gold rose +2.22% 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 19, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$921.94 | C$29.64 | C$29,641.02 |
| JPY | ¥96,158.34 | ¥3,091.56 | ¥3,091,558.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$922.06 | ¥96,170.86 |
| High | C$950.62 | ¥99,149.67 |
| Low | C$920.81 | ¥96,040.48 |
| Close | C$921.94 | ¥96,158.34 |