GOLD PRICE IN JAPANESE YEN — AUGUST 27, 2004
💱 XAU/JPY · Friday, August 27, 2004
On Friday, August 27, 2004, the gold spot price was C$529.77 per troy ounce in Canadian Dollars, equivalent to ¥55,255.01 JPY per ounce or ¥1,776.49 JPY per gram. Gold fell -0.52% 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 27, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$529.77 | C$17.03 | C$17,032.48 |
| JPY | ¥55,255.01 | ¥1,776.49 | ¥1,776,487.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$535.16 | ¥55,817.19 |
| High | C$535.95 | ¥55,899.59 |
| Low | C$529.38 | ¥55,214.33 |
| Close | C$529.77 | ¥55,255.01 |