GOLD PRICE IN JAPANESE YEN — NOVEMBER 24, 2008
💱 XAU/JPY · Monday, November 24, 2008
On Monday, November 24, 2008, the gold spot price was C$1,010.81 per troy ounce in Canadian Dollars, equivalent to ¥105,427.48 JPY per ounce or ¥3,389.57 JPY per gram. Gold rose +0.50% 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 24, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,010.81 | C$32.50 | C$32,498.25 |
| JPY | ¥105,427.48 | ¥3,389.57 | ¥3,389,567.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,011.43 | ¥105,492.15 |
| High | C$1,016.49 | ¥106,019.91 |
| Low | C$1,011.43 | ¥105,492.15 |
| Close | C$1,010.81 | ¥105,427.48 |