GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2004
💱 XAU/JPY · Tuesday, November 9, 2004
On Tuesday, November 9, 2004, the gold spot price was C$522.58 per troy ounce in Canadian Dollars, equivalent to ¥54,505.09 JPY per ounce or ¥1,752.38 JPY per gram. Gold rose +1.14% 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 — NOVEMBER 9, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$522.58 | C$16.80 | C$16,801.31 |
| JPY | ¥54,505.09 | ¥1,752.38 | ¥1,752,376.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$520.54 | ¥54,292.32 |
| High | C$520.54 | ¥54,292.32 |
| Low | C$520.54 | ¥54,292.32 |
| Close | C$522.58 | ¥54,505.09 |