BORDER GOLD GOLD PRICE โ OCTOBER 22, 2001
๐ช Border Gold โ 1 oz Gold Bar Price (CAD)
On October 22, 2001, a 1 oz Gold Bar from Border Gold was priced at C$441.93 per troy ounce in Canadian Dollars. This included the CAD spot price of C$371.93 plus a dealer premium of C$70.00 (18.82%). The gold spot price fell by -6.21 (-1.64%) compared to the previous trading day.
PRICE BREAKDOWN โ OCTOBER 22, 2001
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$371.93 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$441.93 |
SPOT PRICE OHLC โ OCTOBER 22, 2001
| Metric | Price (CAD) |
|---|---|
| Open | C$371.93 |
| High | C$371.93 |
| Low | C$371.93 |
| Close | C$371.93 |
| Change | โผ -6.21 (-1.64%) |
COMPARE DEALERS ON OCTOBER 22, 2001
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$436.93 | C$65.00 |
| Sprott Money | C$449.93 | C$78.00 |
| SilverGoldBull | C$426.93 | C$55.00 |
| TD Precious Metals | C$466.93 | C$95.00 |
| Royal Canadian Mint | C$481.93 | C$110.00 |
| Border Gold โ | C$441.93 | C$70.00 |
ABOUT BORDER GOLD
Border Gold Corp. is a Vancouver-based precious metals dealer serving Western Canada since 1994. Visit the Border Gold dealer page for current live prices. See the gold spot price on October 22, 2001 for the full market overview.
๐ Market Analysis โ October 22, 2001
โ Frequently Asked Questions
โ How do I verify gold authenticity?
Reputable Canadian dealers like Kitco and Sprott Money sell only assayed products from LBMA-approved refiners. The Royal Canadian Mint includes anti-counterfeiting features on Maple Leaf coins including micro-engraved laser marks and radial lines visible under magnification.
โ Can I sell gold back to dealers?
Yes, most Canadian dealers offer buyback programs. Kitco, Sprott Money, and SilverGoldBull all purchase gold from customers at competitive bid prices, typically 1โ3% below spot price depending on product type and market conditions.
โ What affects Canadian dealer premiums?
Premiums above spot price vary based on product type, weight, payment method, and market conditions. Bank wire transfers typically earn 1โ2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
๐ก Canadian Gold Investor Guide
When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips โ gold rewards patient holders.
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$441.93 |
| Per Gram | C$14.21 |
| Per Kilogram | C$14,208.36 |
| Per Pennyweight (1.555g) | C$22.10 |
| Per Tola (11.66g) | C$165.72 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides