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KITCO GOLD PRICE — NOVEMBER 28, 2005

🏪 Kitco — 1 oz Gold Bar Price (CAD)

C$646.86
Premium: C$65.00 (11.17%)

On November 28, 2005, a 1 oz Gold Bar from Kitco was priced at C$646.86 per troy ounce in Canadian Dollars. This included the CAD spot price of C$581.86 plus a dealer premium of C$65.00 (11.17%). The gold spot price rose by +5.27 (+0.91%) compared to the previous trading day.

PRICE BREAKDOWN — NOVEMBER 28, 2005

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$581.86
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$646.86

SPOT PRICE OHLC — NOVEMBER 28, 2005

MetricPrice (CAD)
OpenC$586.42
HighC$586.42
LowC$586.42
CloseC$581.86
Change▲ +5.27 (+0.91%)

COMPARE DEALERS ON NOVEMBER 28, 2005

Dealer1 oz Bar (CAD)Premium
Kitco ✓C$646.86C$65.00
Sprott MoneyC$659.86C$78.00
SilverGoldBullC$636.86C$55.00
TD Precious MetalsC$676.86C$95.00
Royal Canadian MintC$691.86C$110.00
Border GoldC$651.86C$70.00
← November 23, 2005 📅 All Dates November 29, 2005 →

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 28, 2005 for the full market overview.

📊 Market Analysis — November 28, 2005

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

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.

Tax-Efficient Gold Investing: Maximize TFSA contributions first — all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$646.86
Per GramC$20.80
Per KilogramC$20,797.00
Per Pennyweight (1.555g)C$32.34
Per Tola (11.66g)C$242.57

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