GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2008
💱 XAU/JPY · Monday, December 1, 2008
On Monday, December 1, 2008, the gold spot price was C$965.54 per troy ounce in Canadian Dollars, equivalent to ¥100,705.82 JPY per ounce or ¥3,237.76 JPY per gram. Gold fell -4.26% 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 — DECEMBER 1, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$965.54 | C$31.04 | C$31,042.79 |
| JPY | ¥100,705.82 | ¥3,237.76 | ¥3,237,762.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,018.64 | ¥106,244.15 |
| High | C$1,018.76 | ¥106,256.67 |
| Low | C$954.82 | ¥99,587.73 |
| Close | C$965.54 | ¥100,705.82 |