GOLD PRICE IN JAPANESE YEN — DECEMBER 24, 2008
💱 XAU/JPY · Wednesday, December 24, 2008
On Wednesday, December 24, 2008, the gold spot price was C$1,026.43 per troy ounce in Canadian Dollars, equivalent to ¥107,056.65 JPY per ounce or ¥3,441.95 JPY per gram. Gold rose +0.67% 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 24, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,026.43 | C$33.00 | C$33,000.44 |
| JPY | ¥107,056.65 | ¥3,441.95 | ¥3,441,946.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,016.50 | ¥106,020.95 |
| High | C$1,028.61 | ¥107,284.02 |
| Low | C$1,016.01 | ¥105,969.84 |
| Close | C$1,026.43 | ¥107,056.65 |