KITCO GOLD PRICE β JUNE 30, 2010
πͺ Kitco β 1 oz Gold Bar Price (CAD)
On June 30, 2010, a 1 oz Gold Bar from Kitco was priced at C$1,388.47 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,323.47 plus a dealer premium of C$65.00 (4.91%). The gold spot price rose by +14.53 (+1.11%) compared to the previous trading day.
PRICE BREAKDOWN β JUNE 30, 2010
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,323.47 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$1,388.47 |
SPOT PRICE OHLC β JUNE 30, 2010
| Metric | Price (CAD) |
|---|---|
| Open | C$1,323.47 |
| High | C$1,324.21 |
| Low | C$1,314.12 |
| Close | C$1,323.47 |
| Change | β² +14.53 (+1.11%) |
COMPARE DEALERS ON JUNE 30, 2010
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco β | C$1,388.47 | C$65.00 |
| Sprott Money | C$1,401.47 | C$78.00 |
| SilverGoldBull | C$1,378.47 | C$55.00 |
| TD Precious Metals | C$1,418.47 | C$95.00 |
| Royal Canadian Mint | C$1,433.47 | C$110.00 |
| Border Gold | C$1,393.47 | 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 June 30, 2010 for the full market overview.
π Market Analysis β June 30, 2010
β Frequently Asked Questions
β What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2β3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
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.
π‘ 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 β 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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,388.47 |
| Per Gram | C$44.64 |
| Per Kilogram | C$44,640.28 |
| Per Pennyweight (1.555g) | C$69.42 |
| Per Tola (11.66g) | C$520.68 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides