GOLD PRICE IN JAPANESE YEN — DECEMBER 9, 2008
💱 XAU/JPY · Tuesday, December 9, 2008
On Tuesday, December 9, 2008, the gold spot price was C$973.07 per troy ounce in Canadian Dollars, equivalent to ¥101,491.20 JPY per ounce or ¥3,263.02 JPY per gram. Gold rose +1.18% 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 9, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$973.07 | C$31.28 | C$31,284.88 |
| JPY | ¥101,491.20 | ¥3,263.02 | ¥3,263,013.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$976.34 | ¥101,832.26 |
| High | C$978.23 | ¥102,029.39 |
| Low | C$960.35 | ¥100,164.51 |
| Close | C$973.07 | ¥101,491.20 |