GOLD PRICE IN JAPANESE YEN — DECEMBER 18, 2008
💱 XAU/JPY · Thursday, December 18, 2008
On Thursday, December 18, 2008, the gold spot price was C$1,034.27 per troy ounce in Canadian Dollars, equivalent to ¥107,874.36 JPY per ounce or ¥3,468.24 JPY per gram. Gold rose +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 18, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,034.27 | C$33.25 | C$33,252.50 |
| JPY | ¥107,874.36 | ¥3,468.24 | ¥3,468,236.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,037.64 | ¥108,225.85 |
| High | C$1,050.39 | ¥109,555.68 |
| Low | C$1,025.13 | ¥106,921.06 |
| Close | C$1,034.27 | ¥107,874.36 |