Homeโ€บDealersโ€บBorder Goldโ€บHistoryโ€บDecember 5, 2005

BORDER GOLD GOLD PRICE โ€” DECEMBER 5, 2005

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

C$658.80
Premium: C$70.00 (11.89%)

On December 5, 2005, a 1 oz Gold Bar from Border Gold was priced at C$658.80 per troy ounce in Canadian Dollars. This included the CAD spot price of C$588.80 plus a dealer premium of C$70.00 (11.89%). The gold spot price rose by +5.27 (+0.90%) compared to the previous trading day.

PRICE BREAKDOWN โ€” DECEMBER 5, 2005

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$588.80
Border Gold Premium+C$70.00
Border Gold 1 oz Bar PriceC$658.80

SPOT PRICE OHLC โ€” DECEMBER 5, 2005

MetricPrice (CAD)
OpenC$583.71
HighC$589.72
LowC$582.55
CloseC$588.80
Changeโ–ฒ +5.27 (+0.90%)

COMPARE DEALERS ON DECEMBER 5, 2005

Dealer1 oz Bar (CAD)Premium
KitcoC$653.80C$65.00
Sprott MoneyC$666.80C$78.00
SilverGoldBullC$643.80C$55.00
TD Precious MetalsC$683.80C$95.00
Royal Canadian MintC$698.80C$110.00
Border Gold โœ“C$658.80C$70.00
โ† December 2, 2005 ๐Ÿ“… All Dates December 6, 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 December 5, 2005 for the full market overview.

๐Ÿ“Š Market Analysis โ€” December 5, 2005

Gold has historically served as an effective hedge against inflation and currency depreciation in Canada. Central bank policies, including the Bank of Canada's interest rate decisions, directly influence the attractiveness of gold relative to fixed-income investments. Gold mining stocks on the TSX (Toronto Stock Exchange) โ€” including Barrick Gold, Agnico Eagle, and Kinross Gold โ€” offer leveraged exposure to gold prices. However, physical bullion provides direct price exposure without management risk, dilution, or operational challenges. Many Canadian financial advisors recommend a mix of both.

โ“ Frequently Asked Questions

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$200โ€“C$500 depending on the dealer.

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.

๐Ÿ’ก Canadian Gold Investor Guide

Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ€“15% of a diversified portfolio to gold and precious metals. This allocation provides downside protection during equity bear markets while maintaining growth potential during inflationary periods.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$658.80
Per GramC$21.18
Per KilogramC$21,180.88
Per Pennyweight (1.555g)C$32.94
Per Tola (11.66g)C$247.05

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