BORDER GOLD GOLD PRICE โ NOVEMBER 15, 2004
๐ช Border Gold โ 1 oz Gold Bar Price (CAD)
On November 15, 2004, a 1 oz Gold Bar from Border Gold was priced at C$595.19 per troy ounce in Canadian Dollars. This included the CAD spot price of C$525.19 plus a dealer premium of C$70.00 (13.33%). The gold spot price rose by +2.78 (+0.53%) compared to the previous trading day.
PRICE BREAKDOWN โ NOVEMBER 15, 2004
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$525.19 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$595.19 |
SPOT PRICE OHLC โ NOVEMBER 15, 2004
| Metric | Price (CAD) |
|---|---|
| Open | C$525.19 |
| High | C$525.19 |
| Low | C$525.19 |
| Close | C$525.19 |
| Change | โฒ +2.78 (+0.53%) |
COMPARE DEALERS ON NOVEMBER 15, 2004
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$590.19 | C$65.00 |
| Sprott Money | C$603.19 | C$78.00 |
| SilverGoldBull | C$580.19 | C$55.00 |
| TD Precious Metals | C$620.19 | C$95.00 |
| Royal Canadian Mint | C$635.19 | C$110.00 |
| Border Gold โ | C$595.19 | 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 November 15, 2004 for the full market overview.
๐ Market Analysis โ November 15, 2004
โ Frequently Asked Questions
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.
โ Is shipping gold safe in Canada?
Major dealers ship via insured courier (Canada Post Xpresspost, Purolator) with full insurance coverage. All packages are discreetly labelled with no indication of contents. Free shipping thresholds typically range from C$200โC$500 depending on the dealer.
๐ก Canadian Gold Investor Guide
Physical vs Paper Gold: Physical bullion (bars, coins) provides tangible ownership with no counterparty risk, ideal for long-term holdings. ETFs (CGL.TO, MNT.TO) offer convenience for trading and rebalancing. A combination of both can optimize for both security and flexibility.
Tax-Efficient Gold Investing: Maximize TFSA contributions first โ all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$595.19 |
| Per Gram | C$19.14 |
| Per Kilogram | C$19,135.78 |
| Per Pennyweight (1.555g) | C$29.76 |
| Per Tola (11.66g) | C$223.20 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides