GOLD PRICE PER KILOGRAM — MAY 16, 2008
📅 Friday, May 16, 2008 · XAU/CAD per Kilogram
On Friday, May 16, 2008, gold was priced at C$28,903.50 per kilogram in Canadian Dollars, based on a CAD spot price of C$899.00 per troy ounce. One troy ounce equals 0.0311035 kilograms. The daily trading range was C$28,678.44 to C$29,070.68 per kg, a spread of C$392.24.
Compared to the previous trading session, gold per kilogram rose by C$654.27 (+2.32%). 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 -2.7% below the yearly average and -16.3% from the year's high.
OHLC PER KILOGRAM — MAY 16, 2008
| Metric | Per Kilogram (CAD) | Per Ounce (CAD) |
|---|---|---|
| Open | C$28,678.44 | C$892.00 |
| High | C$29,070.68 | C$904.20 |
| Low | C$28,678.44 | C$892.00 |
| Close | C$28,903.50 | C$899.00 |
| Change | +654.27 | +20.35 |
| Range | C$392.24 | C$12.20 |