GOLD PRICE IN JAPANESE YEN — AUGUST 20, 2004
💱 XAU/JPY · Friday, August 20, 2004
On Friday, August 20, 2004, the gold spot price was C$536.33 per troy ounce in Canadian Dollars, equivalent to ¥55,939.22 JPY per ounce or ¥1,798.49 JPY per gram. Gold rose +1.61% 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 — AUGUST 20, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$536.33 | C$17.24 | C$17,243.38 |
| JPY | ¥55,939.22 | ¥1,798.49 | ¥1,798,485.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$528.29 | ¥55,100.65 |
| High | C$535.81 | ¥55,884.98 |
| Low | C$528.29 | ¥55,100.65 |
| Close | C$536.33 | ¥55,939.22 |