Wales beat Scotland (above) in the Bowl semifinal, but stumbled to defeat in the final against Canada.
Wales's disappointing campaign in the Hong Kong leg of the IRB Sevens World series continued until the bitter end with a crushing 35-19 defeat to Canada in the Bowl final.
Paul John's men entered the tournament on the back of an encouraging campaign in the Australian leg a week earlier where they made the quarter-finals of the main draw.
However a week can prove a long time in Sevens and so it proved in Hong Kong. Wales suffered a shock defeat to crowd favourites Hong Kong in pool play before a sound defeat to England dropped Wales to third place in the pool.
Dumped into the Bowl, Wales looked on course for their third title of the series when they defeated Argentina 17-12 in the quarter-final with second half tries by Craig Hill, Ifan Evans and Nicky Thomas earning a semi-final showdown against Scotland.
A comfortable 26-7 victory with tries by Aaron Brawell, Alex Cuthbert, Lee Rees and Rhys Webb took Wales into the Bowl final and within sight of further silverware. However they were on the receiving end of another shock with Canada recording a boilover.
Wales never got out of first gear as Thyssen de Goede, Chauncey O'Toole, Ciaran Hearn and Philip Mack raced over for tries. With Mack adding 10 points with his boot, Canada were in command at halftime with 28-0 lead.
Rhys Shellard, Lee Rees and Ifan Evans hit back in the second half for Wales but Conor Trainor's touchdown sealed the Canadians a famous victory.
Wales Sevens squad: Lee Rees (Scarlets), Chris Morgan (Aberavon), Lloyd Williams (Blues), Rhys Jones (Cornish Pirates), Ifan Evans (Llandovery), Craig Hill (Newport), Rhys Shellard (Cardiff), Darren Daniel (Scarlets), Justin Tipuric (Ospreys), Jevon Groves (Cross Keys), Alex Cuthbert (UWIC), Aaron Bramwell (Pontypridd).
As the countdown continues for RWC2015, Tournament Chief Executive Debbie Jevans visited the Millennium Stadium to discuss preparations for the eight matches and reveal the positive news that 100,000 tickets for games at the home of Welsh rugby have sold in the last seven days.
Jason Harries is targeting a first win on the World Series circuit this season with Wales. The series returns to action this weekend in Dubai where Harries is part of a team hoping to build from its efforts in round one in October.
Wales skipper Jevon Groves says his side have addressed a few points from Gold Coast and aim to 'hit the ground running' in the next two rounds of the World Series, kicking off with this weekend in Dubai before heading off to South Africa next week.
Wales Sevens manager Steff Thomas is hopeful his side can build from a quarter-final spot in the opening round of the World Series in Australia when his side take part in the forthcoming double header in Dubai and South Africa.