GOLD PRICE IN JAPANESE YEN — DECEMBER 2, 2008
💱 XAU/JPY · Tuesday, December 2, 2008
On Tuesday, December 2, 2008, the gold spot price was C$976.47 per troy ounce in Canadian Dollars, equivalent to ¥101,845.82 JPY per ounce or ¥3,274.42 JPY per gram. Gold rose +1.13% 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 2, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$976.47 | C$31.39 | C$31,394.19 |
| JPY | ¥101,845.82 | ¥3,274.42 | ¥3,274,414.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$956.47 | ¥99,759.82 |
| High | C$982.34 | ¥102,458.06 |
| Low | C$949.47 | ¥99,029.72 |
| Close | C$976.47 | ¥101,845.82 |