GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2005
💱 XAU/JPY · Friday, December 16, 2005
On Friday, December 16, 2005, the gold spot price was C$583.79 per troy ounce in Canadian Dollars, equivalent to ¥60,889.30 JPY per ounce or ¥1,957.63 JPY per gram. Gold rose +0.05% 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 16, 2005
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$583.79 | C$18.77 | C$18,769.26 |
| JPY | ¥60,889.30 | ¥1,957.63 | ¥1,957,633.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$584.37 | ¥60,949.79 |
| High | C$589.13 | ¥61,446.26 |
| Low | C$574.28 | ¥59,897.40 |
| Close | C$583.79 | ¥60,889.30 |