GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2008
💱 XAU/JPY · Friday, December 12, 2008
On Friday, December 12, 2008, the gold spot price was C$1,019.04 per troy ounce in Canadian Dollars, equivalent to ¥106,285.87 JPY per ounce or ¥3,417.17 JPY per gram. Gold fell -0.05% 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 12, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,019.04 | C$32.76 | C$32,762.85 |
| JPY | ¥106,285.87 | ¥3,417.17 | ¥3,417,165.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,022.27 | ¥106,622.76 |
| High | C$1,029.12 | ¥107,337.22 |
| Low | C$1,012.69 | ¥105,623.57 |
| Close | C$1,019.04 | ¥106,285.87 |