GOLD PRICE IN JAPANESE YEN — FEBRUARY 20, 2004
💱 XAU/JPY · Friday, February 20, 2004
On Friday, February 20, 2004, the gold spot price was C$531.06 per troy ounce in Canadian Dollars, equivalent to ¥55,389.56 JPY per ounce or ¥1,780.81 JPY per gram. Gold fell -2.42% 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 20, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$531.06 | C$17.07 | C$17,073.95 |
| JPY | ¥55,389.56 | ¥1,780.81 | ¥1,780,813.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$546.42 | ¥56,991.61 |
| High | C$546.42 | ¥56,991.61 |
| Low | C$527.72 | ¥55,041.20 |
| Close | C$531.06 | ¥55,389.56 |