GOLD PRICE IN JAPANESE YEN — DECEMBER 11, 2008
💱 XAU/JPY · Thursday, December 11, 2008
On Thursday, December 11, 2008, the gold spot price was C$1,019.58 per troy ounce in Canadian Dollars, equivalent to ¥106,342.19 JPY per ounce or ¥3,418.98 JPY per gram. Gold rose +0.51% 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 11, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,019.58 | C$32.78 | C$32,780.21 |
| JPY | ¥106,342.19 | ¥3,418.98 | ¥3,418,975.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$993.00 | ¥103,569.90 |
| High | C$1,028.48 | ¥107,270.46 |
| Low | C$990.04 | ¥103,261.17 |
| Close | C$1,019.58 | ¥106,342.19 |