GOLD PRICE IN JAPANESE YEN — DECEMBER 10, 2008
💱 XAU/JPY · Wednesday, December 10, 2008
On Wednesday, December 10, 2008, the gold spot price was C$1,014.36 per troy ounce in Canadian Dollars, equivalent to ¥105,797.75 JPY per ounce or ¥3,401.47 JPY per gram. Gold rose +4.24% 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 10, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,014.36 | C$32.61 | C$32,612.38 |
| JPY | ¥105,797.75 | ¥3,401.47 | ¥3,401,471.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$985.46 | ¥102,783.48 |
| High | C$1,019.26 | ¥106,308.82 |
| Low | C$984.20 | ¥102,652.06 |
| Close | C$1,014.36 | ¥105,797.75 |