GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2005
💱 XAU/JPY · Monday, February 28, 2005
On Monday, February 28, 2005, the gold spot price was C$538.77 per troy ounce in Canadian Dollars, equivalent to ¥56,193.71 JPY per ounce or ¥1,806.67 JPY per gram. Gold fell -0.09% 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 — FEBRUARY 28, 2005
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$538.77 | C$17.32 | C$17,321.83 |
| JPY | ¥56,193.71 | ¥1,806.67 | ¥1,806,667.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$537.54 | ¥56,065.42 |
| High | C$537.54 | ¥56,065.42 |
| Low | C$537.54 | ¥56,065.42 |
| Close | C$538.77 | ¥56,193.71 |