Gold Price in Canada

Refers to the dates between the beginning and end of the visible chart. The chart above has a default time range of 3 months (3M). You may change this to one of the pre-set ranges or select a custom range with a specific start and end date.

The interval or period defines the amount of data represented by each point on the chart. It includes the closing price of the asset. In the chart above for the 3M range, the default interval is daily. This means the closing price of gold during the weekday will be printed on the chart once per day.

If you change the range to 2Y (last 2 years), the default interval will change to weekly, which means each point on the chart will contain the weekly closing price. For ‘10Y’ and ‘Max’ ranges, the interval is monthly. This is helpful because it will be easier to view the price action of gold over very long ranges.

Use this feature to compare the price change of gold against other commodities and financial instruments. You may select up to four additional assets at a time.

For example, lookup and select the ‘DXY US Dollar Currency Index’, which gauges the strength of the US dollar relative to several foreign currencies. Change the time range to ‘Y’ (last 12 months) to see how the spot price of gold has performed in comparison. This index is often inversely correlated to the price of gold.