BORDER GOLD GOLD PRICE — AUGUST 22, 2007
🏪 Border Gold — 1 oz Gold Bar Price (CAD)
On August 22, 2007, a 1 oz Gold Bar from Border Gold was priced at C$769.11 per troy ounce in Canadian Dollars. This included the CAD spot price of C$699.11 plus a dealer premium of C$70.00 (10.01%). The gold spot price rose by +0.25 (+0.04%) compared to the previous trading day.
PRICE BREAKDOWN — AUGUST 22, 2007
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$699.11 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$769.11 |
SPOT PRICE OHLC — AUGUST 22, 2007
| Metric | Price (CAD) |
|---|---|
| Open | C$698.90 |
| High | C$701.23 |
| Low | C$698.90 |
| Close | C$699.11 |
| Change | ▲ +0.25 (+0.04%) |
COMPARE DEALERS ON AUGUST 22, 2007
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$764.11 | C$65.00 |
| Sprott Money | C$777.11 | C$78.00 |
| SilverGoldBull | C$754.11 | C$55.00 |
| TD Precious Metals | C$794.11 | C$95.00 |
| Royal Canadian Mint | C$809.11 | C$110.00 |
| Border Gold ✓ | C$769.11 | 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 August 22, 2007 for the full market overview.
📊 Market Analysis — August 22, 2007
❓ Frequently Asked Questions
❓ 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 1–3% below spot price depending on product type and market conditions.
❓ 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 1–2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
❓ 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$200–C$500 depending on the dealer.
💡 Canadian Gold Investor Guide
Portfolio Allocation: Most Canadian financial planners recommend allocating 5–15% 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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$769.11 |
| Per Gram | C$24.73 |
| Per Kilogram | C$24,727.42 |
| Per Pennyweight (1.555g) | C$38.46 |
| Per Tola (11.66g) | C$288.42 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides