GOLD PRICE IN JAPANESE YEN — NOVEMBER 28, 2008
💱 XAU/JPY · Friday, November 28, 2008
On Friday, November 28, 2008, the gold spot price was C$1,008.50 per troy ounce in Canadian Dollars, equivalent to ¥105,186.55 JPY per ounce or ¥3,381.82 JPY per gram. Gold rose +1.49% 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 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,008.50 | C$32.42 | C$32,423.98 |
| JPY | ¥105,186.55 | ¥3,381.82 | ¥3,381,821.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,002.20 | ¥104,529.46 |
| High | C$1,011.96 | ¥105,547.43 |
| Low | C$998.61 | ¥104,155.02 |
| Close | C$1,008.50 | ¥105,186.55 |