GOLD PRICE IN JAPANESE YEN — DECEMBER 3, 2008
💱 XAU/JPY · Wednesday, December 3, 2008
On Wednesday, December 3, 2008, the gold spot price was C$964.00 per troy ounce in Canadian Dollars, equivalent to ¥100,545.20 JPY per ounce or ¥3,232.60 JPY per gram. Gold fell -1.28% 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 3, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$964.00 | C$30.99 | C$30,993.27 |
| JPY | ¥100,545.20 | ¥3,232.60 | ¥3,232,598.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$978.04 | ¥102,009.57 |
| High | C$980.42 | ¥102,257.81 |
| Low | C$956.60 | ¥99,773.38 |
| Close | C$964.00 | ¥100,545.20 |