GOLD PRICE IN JAPANESE YEN — DECEMBER 26, 2008
💱 XAU/JPY · Friday, December 26, 2008
On Friday, December 26, 2008, the gold spot price was C$1,058.67 per troy ounce in Canadian Dollars, equivalent to ¥110,419.28 JPY per ounce or ¥3,550.06 JPY per gram. Gold rose +3.14% 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 26, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,058.67 | C$34.04 | C$34,036.98 |
| JPY | ¥110,419.28 | ¥3,550.06 | ¥3,550,057.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,030.21 | ¥107,450.90 |
| High | C$1,061.10 | ¥110,672.73 |
| Low | C$1,028.75 | ¥107,298.63 |
| Close | C$1,058.67 | ¥110,419.28 |