GOLD PRICE IN JAPANESE YEN — DECEMBER 19, 2008
💱 XAU/JPY · Friday, December 19, 2008
On Friday, December 19, 2008, the gold spot price was C$1,014.30 per troy ounce in Canadian Dollars, equivalent to ¥105,791.49 JPY per ounce or ¥3,401.27 JPY per gram. Gold fell -1.93% 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 19, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,014.30 | C$32.61 | C$32,610.46 |
| JPY | ¥105,791.49 | ¥3,401.27 | ¥3,401,270.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,026.67 | ¥107,081.68 |
| High | C$1,033.34 | ¥107,777.36 |
| Low | C$1,010.54 | ¥105,399.32 |
| Close | C$1,014.30 | ¥105,791.49 |