KITCO GOLD PRICE — FEBRUARY 17, 2006
🏪 Kitco — 1 oz Gold Bar Price (CAD)
On February 17, 2006, a 1 oz Gold Bar from Kitco was priced at C$698.80 per troy ounce in Canadian Dollars. This included the CAD spot price of C$633.80 plus a dealer premium of C$65.00 (10.26%). The gold spot price rose by +2.08 (+0.33%) compared to the previous trading day.
PRICE BREAKDOWN — FEBRUARY 17, 2006
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$633.80 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$698.80 |
SPOT PRICE OHLC — FEBRUARY 17, 2006
| Metric | Price (CAD) |
|---|---|
| Open | C$629.43 |
| High | C$634.60 |
| Low | C$627.14 |
| Close | C$633.80 |
| Change | ▲ +2.08 (+0.33%) |
COMPARE DEALERS ON FEBRUARY 17, 2006
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco ✓ | C$698.80 | C$65.00 |
| Sprott Money | C$711.80 | C$78.00 |
| SilverGoldBull | C$688.80 | C$55.00 |
| TD Precious Metals | C$728.80 | C$95.00 |
| Royal Canadian Mint | C$743.80 | C$110.00 |
| Border Gold | C$703.80 | C$70.00 |
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 February 17, 2006 for the full market overview.
📊 Market Analysis — February 17, 2006
❓ Frequently Asked Questions
❓ 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.
❓ 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$200–C$500 depending on the dealer.
❓ What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2–3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
💡 Canadian Gold Investor Guide
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.
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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$698.80 |
| Per Gram | C$22.47 |
| Per Kilogram | C$22,466.91 |
| Per Pennyweight (1.555g) | C$34.94 |
| Per Tola (11.66g) | C$262.05 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides