GOLD PRICE IN JAPANESE YEN — DECEMBER 15, 2008
💱 XAU/JPY · Monday, December 15, 2008
On Monday, December 15, 2008, the gold spot price was C$1,031.30 per troy ounce in Canadian Dollars, equivalent to ¥107,564.59 JPY per ounce or ¥3,458.28 JPY per gram. Gold rose +1.20% 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 15, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,031.30 | C$33.16 | C$33,157.02 |
| JPY | ¥107,564.59 | ¥3,458.28 | ¥3,458,276.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,022.17 | ¥106,612.33 |
| High | C$1,039.45 | ¥108,414.64 |
| Low | C$1,017.23 | ¥106,097.09 |
| Close | C$1,031.30 | ¥107,564.59 |