GOLD PRICE IN JAPANESE YEN — AUGUST 23, 2004
💱 XAU/JPY · Monday, August 23, 2004
On Monday, August 23, 2004, the gold spot price was C$536.56 per troy ounce in Canadian Dollars, equivalent to ¥55,963.21 JPY per ounce or ¥1,799.26 JPY per gram. Gold rose +0.04% 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 23, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$536.56 | C$17.25 | C$17,250.78 |
| JPY | ¥55,963.21 | ¥1,799.26 | ¥1,799,256.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$537.61 | ¥56,072.72 |
| High | C$538.26 | ¥56,140.52 |
| Low | C$535.52 | ¥55,854.74 |
| Close | C$536.56 | ¥55,963.21 |