GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2005
💱 XAU/JPY · Wednesday, December 7, 2005
On Wednesday, December 7, 2005, the gold spot price was C$596.02 per troy ounce in Canadian Dollars, equivalent to ¥62,164.89 JPY per ounce or ¥1,998.65 JPY per gram. Gold rose +0.99% 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 7, 2005
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$596.02 | C$19.16 | C$19,162.46 |
| JPY | ¥62,164.89 | ¥1,998.65 | ¥1,998,644.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$591.85 | ¥61,729.96 |
| High | C$599.15 | ¥62,491.34 |
| Low | C$590.23 | ¥61,560.99 |
| Close | C$596.02 | ¥62,164.89 |