BORDER GOLD GOLD PRICE โ JUNE 23, 2017
๐ช Border Gold โ 1 oz Gold Bar Price (CAD)
On June 23, 2017, a 1 oz Gold Bar from Border Gold was priced at C$1,732.08 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,662.08 plus a dealer premium of C$70.00 (4.21%). The gold spot price fell by -0.35 (-0.02%) compared to the previous trading day.
PRICE BREAKDOWN โ JUNE 23, 2017
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,662.08 |
| Border Gold Premium | +C$70.00 |
| Border Gold 1 oz Bar Price | C$1,732.08 |
SPOT PRICE OHLC โ JUNE 23, 2017
| Metric | Price (CAD) |
|---|---|
| Open | C$1,653.87 |
| High | C$1,685.10 |
| Low | C$1,653.61 |
| Close | C$1,662.08 |
| Change | โผ -0.35 (-0.02%) |
COMPARE DEALERS ON JUNE 23, 2017
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,727.08 | C$65.00 |
| Sprott Money | C$1,740.08 | C$78.00 |
| SilverGoldBull | C$1,717.08 | C$55.00 |
| TD Precious Metals | C$1,757.08 | C$95.00 |
| Royal Canadian Mint | C$1,772.08 | C$110.00 |
| Border Gold โ | C$1,732.08 | 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 June 23, 2017 for the full market overview.
๐ Market Analysis โ June 23, 2017
โ Frequently Asked Questions
โ 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 1โ3% below spot price depending on product type and market conditions.
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 1โ2% 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$200โC$500 depending on the dealer.
๐ก 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 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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,732.08 |
| Per Gram | C$55.69 |
| Per Kilogram | C$55,687.58 |
| Per Pennyweight (1.555g) | C$86.60 |
| Per Tola (11.66g) | C$649.53 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides