GOLD PRICE IN JAPANESE YEN — DECEMBER 29, 2008
💱 XAU/JPY · Monday, December 29, 2008
On Monday, December 29, 2008, the gold spot price was C$1,065.88 per troy ounce in Canadian Dollars, equivalent to ¥111,171.28 JPY per ounce or ¥3,574.24 JPY per gram. Gold rose +0.68% 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 29, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,065.88 | C$34.27 | C$34,268.79 |
| JPY | ¥111,171.28 | ¥3,574.24 | ¥3,574,234.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,075.99 | ¥112,225.76 |
| High | C$1,075.99 | ¥112,225.76 |
| Low | C$1,066.36 | ¥111,221.35 |
| Close | C$1,065.88 | ¥111,171.28 |