GOLD PRICE IN SWISS FRANC — AUGUST 19, 2016
💱 XAU/CHF · Friday, August 19, 2016
On Friday, August 19, 2016, the gold spot price was C$1,712.47 per troy ounce in Canadian Dollars, equivalent to CHF1,044.61 CHF per ounce or CHF33.58 CHF per gram. Gold fell -1.33% 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 — AUGUST 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,712.47 | C$55.06 | C$55,057.11 |
| CHF | CHF1,044.61 | CHF33.58 | CHF33,584.84 |
SPOT OHLC (CAD)
| Metric | CAD | CHF |
|---|---|---|
| Open | C$1,724.86 | CHF1,052.16 |
| High | C$1,724.86 | CHF1,052.16 |
| Low | C$1,710.17 | CHF1,043.20 |
| Close | C$1,712.47 | CHF1,044.61 |