GOLD PRICE PER KILOGRAM — JANUARY 16, 2024
📅 Tuesday, January 16, 2024 · XAU/CAD per Kilogram
On Tuesday, January 16, 2024, gold was priced at C$87,517.16 per kilogram in Canadian Dollars, based on a CAD spot price of C$2,722.09 per troy ounce. One troy ounce equals 0.0311035 kilograms. The daily trading range was C$87,517.16 to C$88,761.39 per kg, a spread of C$1,244.23.
Compared to the previous trading session, gold per kilogram fell by C$526.31 (-0.60%). 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 2024, gold in CAD traded between C$2,681.51 and C$3,879.58, with an annual average of C$3,276.79. This day's price was -16.9% below the yearly average and -29.8% from the year's high.
OHLC PER KILOGRAM — JANUARY 16, 2024
| Metric | Per Kilogram (CAD) | Per Ounce (CAD) |
|---|---|---|
| Open | C$88,627.32 | C$2,756.62 |
| High | C$88,761.39 | C$2,760.79 |
| Low | C$87,517.16 | C$2,722.09 |
| Close | C$87,517.16 | C$2,722.09 |
| Change | -526.31 | -16.37 |
| Range | C$1,244.23 | C$38.70 |