Homeโ€บDealersโ€บBorder Goldโ€บHistoryโ€บOctober 6, 2014

BORDER GOLD GOLD PRICE โ€” OCTOBER 6, 2014

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

C$1,428.71
Premium: C$70.00 (5.15%)

On October 6, 2014, a 1 oz Gold Bar from Border Gold was priced at C$1,428.71 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,358.71 plus a dealer premium of C$70.00 (5.15%). The gold spot price rose by +28.69 (+2.16%) compared to the previous trading day.

PRICE BREAKDOWN โ€” OCTOBER 6, 2014

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,358.71
Border Gold Premium+C$70.00
Border Gold 1 oz Bar PriceC$1,428.71

SPOT PRICE OHLC โ€” OCTOBER 6, 2014

MetricPrice (CAD)
OpenC$1,337.31
HighC$1,360.17
LowC$1,331.80
CloseC$1,358.71
Changeโ–ฒ +28.69 (+2.16%)

COMPARE DEALERS ON OCTOBER 6, 2014

Dealer1 oz Bar (CAD)Premium
KitcoC$1,423.71C$65.00
Sprott MoneyC$1,436.71C$78.00
SilverGoldBullC$1,413.71C$55.00
TD Precious MetalsC$1,453.71C$95.00
Royal Canadian MintC$1,468.71C$110.00
Border Gold โœ“C$1,428.71C$70.00
โ† October 3, 2014 ๐Ÿ“… All Dates October 7, 2014 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 October 6, 2014 for the full market overview.

๐Ÿ“Š Market Analysis โ€” October 6, 2014

Gold demand in Canada has grown significantly over the past decade, driven by institutional investors, ETF flows, and retail buyers seeking portfolio diversification. The Royal Canadian Mint's Gold Maple Leaf remains one of the world's most widely traded bullion coins. Exchange-traded funds (ETFs) like SPDR Gold Shares (GLD) and iShares Gold Bullion ETF (CGL.TO) offer paper gold exposure. However, physical bullion provides tangible ownership without counterparty risk. Canadian investors should weigh convenience (ETFs) against security (physical) when building gold allocations.

โ“ Frequently Asked Questions

โ“ 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 1โ€“2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.

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.

๐Ÿ’ก Canadian Gold Investor Guide

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ€” 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.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,428.71
Per GramC$45.93
Per KilogramC$45,934.03
Per Pennyweight (1.555g)C$71.44
Per Tola (11.66g)C$535.77

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