GOLD PRICE IN JAPANESE YEN — DECEMBER 28, 2004
💱 XAU/JPY · Tuesday, December 28, 2004
On Tuesday, December 28, 2004, the gold spot price was C$540.49 per troy ounce in Canadian Dollars, equivalent to ¥56,373.11 JPY per ounce or ¥1,812.44 JPY per gram. Gold fell -0.36% 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 28, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$540.49 | C$17.38 | C$17,377.13 |
| JPY | ¥56,373.11 | ¥1,812.44 | ¥1,812,434.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$541.95 | ¥56,525.39 |
| High | C$541.95 | ¥56,525.39 |
| Low | C$538.91 | ¥56,208.31 |
| Close | C$540.49 | ¥56,373.11 |