BORDER GOLD GOLD PRICE β SEPTEMBER 16, 2009
πͺ Border Gold β 1 oz Gold Bar Price (CAD)
On September 16, 2009, a 1 oz Gold Bar from Border Gold was priced at C$1,156.76 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,086.76 plus a dealer premium of C$70.00 (6.44%). The gold spot price rose by +8.80 (+0.82%) compared to the previous trading day.
PRICE BREAKDOWN β SEPTEMBER 16, 2009
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,086.76 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$1,156.76 |
SPOT PRICE OHLC β SEPTEMBER 16, 2009
| Metric | Price (CAD) |
|---|---|
| Open | C$1,082.28 |
| High | C$1,087.72 |
| Low | C$1,082.28 |
| Close | C$1,086.76 |
| Change | β² +8.80 (+0.82%) |
COMPARE DEALERS ON SEPTEMBER 16, 2009
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,151.76 | C$65.00 |
| Sprott Money | C$1,164.76 | C$78.00 |
| SilverGoldBull | C$1,141.76 | C$55.00 |
| TD Precious Metals | C$1,181.76 | C$95.00 |
| Royal Canadian Mint | C$1,196.76 | C$110.00 |
| Border Gold β | C$1,156.76 | 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 September 16, 2009 for the full market overview.
π Market Analysis β September 16, 2009
β Frequently Asked Questions
β 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.
β 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 1β3% below spot price depending on product type and market conditions.
β 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 1β2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
π‘ Canadian Gold Investor Guide
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.
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month β say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,156.76 |
| Per Gram | C$37.19 |
| Per Kilogram | C$37,190.64 |
| Per Pennyweight (1.555g) | C$57.84 |
| Per Tola (11.66g) | C$433.78 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides