GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2008
💱 XAU/JPY · Tuesday, December 16, 2008
On Tuesday, December 16, 2008, the gold spot price was C$1,014.59 per troy ounce in Canadian Dollars, equivalent to ¥105,821.74 JPY per ounce or ¥3,402.25 JPY per gram. Gold fell -1.62% 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 16, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,014.59 | C$32.62 | C$32,619.78 |
| JPY | ¥105,821.74 | ¥3,402.25 | ¥3,402,242.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,011.33 | ¥105,481.72 |
| High | C$1,035.44 | ¥107,996.39 |
| Low | C$1,002.41 | ¥104,551.36 |
| Close | C$1,014.59 | ¥105,821.74 |