GOLD PRICE IN JAPANESE YEN — MAY 8, 2009
💱 XAU/JPY · Friday, May 8, 2009
On Friday, May 8, 2009, the gold spot price was C$1,052.20 per troy ounce in Canadian Dollars, equivalent to ¥109,744.46 JPY per ounce or ¥3,528.36 JPY per gram. Gold fell -1.74% 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 — MAY 8, 2009
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,052.20 | C$33.83 | C$33,828.97 |
| JPY | ¥109,744.46 | ¥3,528.36 | ¥3,528,361.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,047.25 | ¥109,228.18 |
| High | C$1,053.24 | ¥109,852.93 |
| Low | C$1,047.25 | ¥109,228.18 |
| Close | C$1,052.20 | ¥109,744.46 |