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KITCO GOLD PRICE — NOVEMBER 25, 2002

🏪 Kitco — 1 oz Gold Bar Price (CAD)

C$494.03
Premium: C$65.00 (15.15%)

On November 25, 2002, a 1 oz Gold Bar from Kitco was priced at C$494.03 per troy ounce in Canadian Dollars. This included the CAD spot price of C$429.03 plus a dealer premium of C$65.00 (15.15%). The gold spot price fell by -3.92 (-0.91%) compared to the previous trading day.

PRICE BREAKDOWN — NOVEMBER 25, 2002

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$429.03
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$494.03

SPOT PRICE OHLC — NOVEMBER 25, 2002

MetricPrice (CAD)
OpenC$427.28
HighC$429.03
LowC$427.28
CloseC$429.03
Change▼ -3.92 (-0.91%)

COMPARE DEALERS ON NOVEMBER 25, 2002

Dealer1 oz Bar (CAD)Premium
Kitco ✓C$494.03C$65.00
Sprott MoneyC$507.03C$78.00
SilverGoldBullC$484.03C$55.00
TD Precious MetalsC$524.03C$95.00
Royal Canadian MintC$539.03C$110.00
Border GoldC$499.03C$70.00
← November 22, 2002 📅 All Dates November 26, 2002 →

ABOUT KITCO

Kitco Metals Inc. is Canada's oldest and largest online precious metals dealer, headquartered in Montréal, Quebec since 1977. Visit the Kitco dealer page for current live prices. See the gold spot price on November 25, 2002 for the full market overview.

📊 Market Analysis — November 25, 2002

Market technicals for gold in CAD incorporate both the underlying commodity trend and currency movements. Support and resistance levels for XAU/CAD often differ from XAU/USD due to the additional variable of Canadian Dollar strength. The gold-to-silver ratio, currently fluctuating between 80:1 and 90:1, is watched closely by precious metals investors. Historically, ratios above 80 suggest silver is undervalued relative to gold. Canadian investors can use this metric to decide whether to overweight gold or silver in their bullion portfolios when purchasing from dealers like Kitco or Sprott Money.

❓ Frequently Asked Questions

❓ 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.

❓ 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.

💡 Canadian Gold Investor Guide

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

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$494.03
Per GramC$15.88
Per KilogramC$15,883.41
Per Pennyweight (1.555g)C$24.70
Per Tola (11.66g)C$185.26

📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides