BORDER GOLD GOLD PRICE β MARCH 14, 2014
πͺ Border Gold β 1 oz Gold Bar Price (CAD)
On March 14, 2014, a 1 oz Gold Bar from Border Gold was priced at C$1,597.56 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,527.56 plus a dealer premium of C$70.00 (4.58%). The gold spot price rose by +2.13 (+0.14%) compared to the previous trading day.
PRICE BREAKDOWN β MARCH 14, 2014
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,527.56 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$1,597.56 |
SPOT PRICE OHLC β MARCH 14, 2014
| Metric | Price (CAD) |
|---|---|
| Open | C$1,524.35 |
| High | C$1,535.98 |
| Low | C$1,518.81 |
| Close | C$1,527.56 |
| Change | β² +2.13 (+0.14%) |
COMPARE DEALERS ON MARCH 14, 2014
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,592.56 | C$65.00 |
| Sprott Money | C$1,605.56 | C$78.00 |
| SilverGoldBull | C$1,582.56 | C$55.00 |
| TD Precious Metals | C$1,622.56 | C$95.00 |
| Royal Canadian Mint | C$1,637.56 | C$110.00 |
| Border Gold β | C$1,597.56 | 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 March 14, 2014 for the full market overview.
π Market Analysis β March 14, 2014
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
Portfolio Allocation: Most Canadian financial planners recommend allocating 5β15% 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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,597.56 |
| Per Gram | C$51.36 |
| Per Kilogram | C$51,362.67 |
| Per Pennyweight (1.555g) | C$79.88 |
| Per Tola (11.66g) | C$599.09 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides