GOLD PRICE IN JAPANESE YEN — NOVEMBER 21, 2008
💱 XAU/JPY · Friday, November 21, 2008
On Friday, November 21, 2008, the gold spot price was C$1,005.78 per troy ounce in Canadian Dollars, equivalent to ¥104,902.85 JPY per ounce or ¥3,372.70 JPY per gram. Gold rose +3.81% 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 21, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,005.78 | C$32.34 | C$32,336.53 |
| JPY | ¥104,902.85 | ¥3,372.70 | ¥3,372,700.19 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$979.86 | ¥102,199.40 |
| High | C$996.12 | ¥103,895.32 |
| Low | C$979.73 | ¥102,185.84 |
| Close | C$1,005.78 | ¥104,902.85 |