GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2004
💱 XAU/JPY · Monday, December 20, 2004
On Monday, December 20, 2004, the gold spot price was C$543.80 per troy ounce in Canadian Dollars, equivalent to ¥56,718.34 JPY per ounce or ¥1,823.54 JPY per gram. Gold rose +0.19% 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 20, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$543.80 | C$17.48 | C$17,483.55 |
| JPY | ¥56,718.34 | ¥1,823.54 | ¥1,823,534.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$543.92 | ¥56,730.86 |
| High | C$545.76 | ¥56,922.77 |
| Low | C$543.31 | ¥56,667.23 |
| Close | C$543.80 | ¥56,718.34 |