Homeโ€บDealersโ€บBorder Goldโ€บHistoryโ€บNovember 17, 2005

BORDER GOLD GOLD PRICE โ€” NOVEMBER 17, 2005

๐Ÿช Border Gold โ€” 1 oz Gold Bar Price (CAD)

C$647.61
Premium: C$70.00 (12.12%)

On November 17, 2005, a 1 oz Gold Bar from Border Gold was priced at C$647.61 per troy ounce in Canadian Dollars. This included the CAD spot price of C$577.61 plus a dealer premium of C$70.00 (12.12%). The gold spot price rose by +7.05 (+1.24%) compared to the previous trading day.

PRICE BREAKDOWN โ€” NOVEMBER 17, 2005

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$577.61
Border Gold Premium+C$70.00
Border Gold 1 oz Bar PriceC$647.61

SPOT PRICE OHLC โ€” NOVEMBER 17, 2005

MetricPrice (CAD)
OpenC$565.49
HighC$577.37
LowC$577.37
CloseC$577.61
Changeโ–ฒ +7.05 (+1.24%)

COMPARE DEALERS ON NOVEMBER 17, 2005

Dealer1 oz Bar (CAD)Premium
KitcoC$642.61C$65.00
Sprott MoneyC$655.61C$78.00
SilverGoldBullC$632.61C$55.00
TD Precious MetalsC$672.61C$95.00
Royal Canadian MintC$687.61C$110.00
Border Gold โœ“C$647.61C$70.00
โ† November 16, 2005 ๐Ÿ“… All Dates November 18, 2005 โ†’

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 17, 2005 for the full market overview.

๐Ÿ“Š Market Analysis โ€” November 17, 2005

For Canadian investors, understanding the relationship between the USD/CAD exchange rate and gold pricing is essential. A weakening Canadian Dollar amplifies gold returns in CAD terms, while a strengthening CAD can dampen returns even when USD-denominated gold rises. Geopolitical tensions โ€” including trade wars, military conflicts, and sanctions โ€” historically drive gold higher as investors seek safe-haven assets. The Canadian Dollar, as a commodity currency tied to oil prices, can weaken independently during global uncertainty, creating a double tailwind for gold priced in CAD.

โ“ Frequently Asked Questions

โ“ What payment methods are accepted?

Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2โ€“3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.

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 1โ€“3% below spot price depending on product type and market conditions.

๐Ÿ’ก Canadian Gold Investor Guide

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%.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$647.61
Per GramC$20.82
Per KilogramC$20,821.11
Per Pennyweight (1.555g)C$32.38
Per Tola (11.66g)C$242.85

๐Ÿ“š Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides