GOLD PRICE IN JAPANESE YEN — SEPTEMBER 7, 2004
💱 XAU/JPY · Tuesday, September 7, 2004
On Tuesday, September 7, 2004, the gold spot price was C$511.73 per troy ounce in Canadian Dollars, equivalent to ¥53,373.44 JPY per ounce or ¥1,715.99 JPY per gram. Gold fell -1.74% 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 7, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$511.73 | C$16.45 | C$16,452.48 |
| JPY | ¥53,373.44 | ¥1,715.99 | ¥1,715,993.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$512.50 | ¥53,453.75 |
| High | C$512.50 | ¥53,453.75 |
| Low | C$512.50 | ¥53,453.75 |
| Close | C$511.73 | ¥53,373.44 |