GOLD PRICE IN SWISS FRANC — MAY 17, 2012
💱 XAU/CHF · Thursday, May 17, 2012
On Thursday, May 17, 2012, the gold spot price was C$1,592.92 per troy ounce in Canadian Dollars, equivalent to CHF971.68 CHF per ounce or CHF31.24 CHF per gram. Gold rose +2.98% 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 — MAY 17, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.92 | C$51.21 | C$51,213.49 |
| CHF | CHF971.68 | CHF31.24 | CHF31,240.23 |
SPOT OHLC (CAD)
| Metric | CAD | CHF |
|---|---|---|
| Open | C$1,565.00 | CHF954.65 |
| High | C$1,597.47 | CHF974.46 |
| Low | C$1,565.00 | CHF954.65 |
| Close | C$1,592.92 | CHF971.68 |