GOLD PRICE IN JAPANESE YEN — DECEMBER 4, 2008
💱 XAU/JPY · Thursday, December 4, 2008
On Thursday, December 4, 2008, the gold spot price was C$973.77 per troy ounce in Canadian Dollars, equivalent to ¥101,564.21 JPY per ounce or ¥3,265.36 JPY per gram. Gold rose +1.01% 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 4, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$973.77 | C$31.31 | C$31,307.39 |
| JPY | ¥101,564.21 | ¥3,265.36 | ¥3,265,360.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$981.67 | ¥102,388.18 |
| High | C$994.93 | ¥103,771.20 |
| Low | C$971.09 | ¥101,284.69 |
| Close | C$973.77 | ¥101,564.21 |