GOLD PRICE IN AUSTRALIAN DOLLAR — JUNE 15, 2004

On Tuesday, June 15, 2004, the gold spot price was C$531.43 per troy ounce in Canadian Dollars, equivalent to A$579.26 AUD per ounce or A$18.62 AUD per gram. Gold rose +0.56% from the previous trading session.

Currency fluctuations between CAD and AUD significantly impact the effective cost of gold for international investors. Australia is one of the world's largest gold producers, making the AUD gold price particularly important for the global mining industry. The AUD and CAD often move in tandem as both are commodity-linked currencies, though divergences can create opportunities for cross-border gold investors.