GOLD PRICE IN JAPANESE YEN — DECEMBER 9, 2004
💱 XAU/JPY · Thursday, December 9, 2004
On Thursday, December 9, 2004, the gold spot price was C$532.63 per troy ounce in Canadian Dollars, equivalent to ¥55,553.31 JPY per ounce or ¥1,786.08 JPY per gram. Gold rose +0.16% 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 9, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$532.63 | C$17.12 | C$17,124.43 |
| JPY | ¥55,553.31 | ¥1,786.08 | ¥1,786,077.77 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$534.71 | ¥55,770.25 |
| High | C$538.50 | ¥56,165.55 |
| Low | C$528.72 | ¥55,145.50 |
| Close | C$532.63 | ¥55,553.31 |