HomeHistoryKilogramOctober 16, 2008

GOLD PRICE PER KILOGRAM — OCTOBER 16, 2008

📅 Thursday, October 16, 2008 · XAU/CAD per Kilogram

C$30,412.33 / kg
-1,607.21 / kg

On Thursday, October 16, 2008, gold was priced at C$30,412.33 per kilogram in Canadian Dollars, based on a CAD spot price of C$945.93 per troy ounce. One troy ounce equals 0.0311035 kilograms. The daily trading range was C$29,976.05 to C$32,100.89 per kg, a spread of C$2,124.84.

Compared to the previous trading session, gold per kilogram fell by C$1,607.21 (-5.02%). 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 2.3% above the yearly average and -12.0% from the year's high.

OHLC PER KILOGRAM — OCTOBER 16, 2008

MetricPer Kilogram (CAD)Per Ounce (CAD)
OpenC$32,100.89C$998.45
HighC$32,100.89C$998.45
LowC$29,976.05C$932.36
CloseC$30,412.33C$945.93
Change-1,607.21-49.99
RangeC$2,124.84C$66.09

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