GOLD PRICE IN JAPANESE YEN — NOVEMBER 20, 2008
💱 XAU/JPY · Thursday, November 20, 2008
On Thursday, November 20, 2008, the gold spot price was C$968.84 per troy ounce in Canadian Dollars, equivalent to ¥101,050.01 JPY per ounce or ¥3,248.83 JPY per gram. Gold rose +5.09% 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 20, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$968.84 | C$31.15 | C$31,148.88 |
| JPY | ¥101,050.01 | ¥3,248.83 | ¥3,248,828.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$958.36 | ¥99,956.95 |
| High | C$970.65 | ¥101,238.80 |
| Low | C$957.06 | ¥99,821.36 |
| Close | C$968.84 | ¥101,050.01 |