GOLD PRICE IN JAPANESE YEN — NOVEMBER 26, 2008
💱 XAU/JPY · Wednesday, November 26, 2008
On Wednesday, November 26, 2008, the gold spot price was C$993.65 per troy ounce in Canadian Dollars, equivalent to ¥103,637.69 JPY per ounce or ¥3,332.03 JPY per gram. Gold fell -0.96% 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 26, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$993.65 | C$31.95 | C$31,946.54 |
| JPY | ¥103,637.69 | ¥3,332.03 | ¥3,332,024.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,006.67 | ¥104,995.68 |
| High | C$1,010.24 | ¥105,368.03 |
| Low | C$991.56 | ¥103,419.71 |
| Close | C$993.65 | ¥103,637.69 |