GOLD PRICE IN JAPANESE YEN — OCTOBER 1, 2004
💱 XAU/JPY · Friday, October 1, 2004
On Friday, October 1, 2004, the gold spot price was C$528.91 per troy ounce in Canadian Dollars, equivalent to ¥55,165.31 JPY per ounce or ¥1,773.60 JPY per gram. Gold rose +0.14% 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 — OCTOBER 1, 2004
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$528.91 | C$17.00 | C$17,004.83 |
| JPY | ¥55,165.31 | ¥1,773.60 | ¥1,773,603.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$528.40 | ¥55,112.12 |
| High | C$528.40 | ¥55,112.12 |
| Low | C$525.75 | ¥54,835.73 |
| Close | C$528.91 | ¥55,165.31 |