GOLD PRICE IN JAPANESE YEN — NOVEMBER 29, 2004
💱 XAU/JPY · Monday, November 29, 2004
On Monday, November 29, 2004, the gold spot price was C$537.86 per troy ounce in Canadian Dollars, equivalent to ¥56,098.80 JPY per ounce or ¥1,803.62 JPY per gram. Gold rose +1.48% 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 29, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$537.86 | C$17.29 | C$17,292.58 |
| JPY | ¥56,098.80 | ¥1,803.62 | ¥1,803,615.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$534.42 | ¥55,740.01 |
| High | C$539.17 | ¥56,235.43 |
| Low | C$532.65 | ¥55,555.40 |
| Close | C$537.86 | ¥56,098.80 |