KITCO GOLD PRICE β MARCH 26, 2010
πͺ Kitco β 1 oz Gold Bar Price (CAD)
On March 26, 2010, a 1 oz Gold Bar from Kitco was priced at C$1,198.20 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,133.20 plus a dealer premium of C$65.00 (5.74%). The gold spot price rose by +14.61 (+1.31%) compared to the previous trading day.
PRICE BREAKDOWN β MARCH 26, 2010
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,133.20 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$1,198.20 |
SPOT PRICE OHLC β MARCH 26, 2010
| Metric | Price (CAD) |
|---|---|
| Open | C$1,133.20 |
| High | C$1,133.20 |
| Low | C$1,133.20 |
| Close | C$1,133.20 |
| Change | β² +14.61 (+1.31%) |
COMPARE DEALERS ON MARCH 26, 2010
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco β | C$1,198.20 | C$65.00 |
| Sprott Money | C$1,211.20 | C$78.00 |
| SilverGoldBull | C$1,188.20 | C$55.00 |
| TD Precious Metals | C$1,228.20 | C$95.00 |
| Royal Canadian Mint | C$1,243.20 | C$110.00 |
| Border Gold | C$1,203.20 | C$70.00 |
ABOUT KITCO
Kitco Metals Inc. is Canada's oldest and largest online precious metals dealer, headquartered in MontrΓ©al, Quebec since 1977. Visit the Kitco dealer page for current live prices. See the gold spot price on March 26, 2010 for the full market overview.
π Market Analysis β March 26, 2010
β Frequently Asked Questions
β 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.
β 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 1β3% below spot price depending on product type and market conditions.
β 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 1β2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
π‘ Canadian Gold Investor Guide
Portfolio Allocation: Most Canadian financial planners recommend allocating 5β15% 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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,198.20 |
| Per Gram | C$38.52 |
| Per Kilogram | C$38,522.97 |
| Per Pennyweight (1.555g) | C$59.91 |
| Per Tola (11.66g) | C$449.33 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides