GOLD PRICE IN JAPANESE YEN — SEPTEMBER 1, 2004
💱 XAU/JPY · Wednesday, September 1, 2004
On Wednesday, September 1, 2004, the gold spot price was C$534.06 per troy ounce in Canadian Dollars, equivalent to ¥55,702.46 JPY per ounce or ¥1,790.87 JPY per gram. Gold fell -0.84% 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 — SEPTEMBER 1, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$534.06 | C$17.17 | C$17,170.40 |
| JPY | ¥55,702.46 | ¥1,790.87 | ¥1,790,873.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$532.10 | ¥55,498.03 |
| High | C$532.10 | ¥55,498.03 |
| Low | C$532.10 | ¥55,498.03 |
| Close | C$534.06 | ¥55,702.46 |