GOLD PRICE PER KILOGRAM — MAY 7, 2008
📅 Wednesday, May 7, 2008 · XAU/CAD per Kilogram
On Wednesday, May 7, 2008, gold was priced at C$28,198.76 per kilogram in Canadian Dollars, based on a CAD spot price of C$877.08 per troy ounce. One troy ounce equals 0.0311035 kilograms. The daily trading range was C$28,043.15 to C$28,192.33 per kg, a spread of C$149.18.
Compared to the previous trading session, gold per kilogram fell by C$32.79 (-0.12%). Kilogram gold bars are a popular choice among Canadian institutional investors, pension funds, and those looking to make larger bullion purchases. The Royal Canadian Mint offers kilo bars in 99.99% purity, which are LBMA-approved and recognized worldwide.
In 2008, gold in CAD traded between C$796.75 and C$1,074.37, with an annual average of C$924.29. This day's price was -5.1% below the yearly average and -18.4% from the year's high.
OHLC PER KILOGRAM — MAY 7, 2008
| Metric | Per Kilogram (CAD) | Per Ounce (CAD) |
|---|---|---|
| Open | C$28,146.67 | C$875.46 |
| High | C$28,192.33 | C$876.88 |
| Low | C$28,043.15 | C$872.24 |
| Close | C$28,198.76 | C$877.08 |
| Change | -32.79 | -1.02 |
| Range | C$149.18 | C$4.64 |