GOLD PRICE IN JAPANESE YEN — DECEMBER 17, 2008
💱 XAU/JPY · Wednesday, December 17, 2008
On Wednesday, December 17, 2008, the gold spot price was C$1,033.71 per troy ounce in Canadian Dollars, equivalent to ¥107,815.95 JPY per ounce or ¥3,466.36 JPY per gram. Gold rose +1.88% 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 17, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,033.71 | C$33.23 | C$33,234.50 |
| JPY | ¥107,815.95 | ¥3,466.36 | ¥3,466,358.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,018.10 | ¥106,187.83 |
| High | C$1,049.56 | ¥109,469.11 |
| Low | C$1,012.03 | ¥105,554.73 |
| Close | C$1,033.71 | ¥107,815.95 |