GOLD PRICE IN SWISS FRANC — DECEMBER 16, 2011
💱 XAU/CHF · Friday, December 16, 2011
On Friday, December 16, 2011, the gold spot price was C$1,648.73 per troy ounce in Canadian Dollars, equivalent to CHF1,005.73 CHF per ounce or CHF32.33 CHF per gram. Gold rose +0.80% from the previous trading session.
Currency fluctuations between CAD and CHF significantly impact the effective cost of gold for international investors. Switzerland is the world's largest gold refining centre, processing approximately 70% of the world's gold. The Swiss Franc is also considered a safe-haven currency alongside gold. Major refiners like PAMP Suisse and Valcambi are headquartered in Switzerland, making CHF gold pricing significant for the global supply chain.
PRICE COMPARISON — DECEMBER 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,648.73 | C$53.01 | C$53,007.82 |
| CHF | CHF1,005.73 | CHF32.33 | CHF32,334.77 |
SPOT OHLC (CAD)
| Metric | CAD | CHF |
|---|---|---|
| Open | C$1,640.26 | CHF1,000.56 |
| High | C$1,649.04 | CHF1,005.91 |
| Low | C$1,638.81 | CHF999.67 |
| Close | C$1,648.73 | CHF1,005.73 |