KITCO GOLD PRICE β SEPTEMBER 25, 2014
πͺ Kitco β 1 oz Gold Bar Price (CAD)
On September 25, 2014, a 1 oz Gold Bar from Kitco was priced at C$1,417.48 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,352.48 plus a dealer premium of C$65.00 (4.81%). The gold spot price rose by +3.49 (+0.26%) compared to the previous trading day.
PRICE BREAKDOWN β SEPTEMBER 25, 2014
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,352.48 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$1,417.48 |
SPOT PRICE OHLC β SEPTEMBER 25, 2014
| Metric | Price (CAD) |
|---|---|
| Open | C$1,339.52 |
| High | C$1,352.48 |
| Low | C$1,339.52 |
| Close | C$1,352.48 |
| Change | β² +3.49 (+0.26%) |
COMPARE DEALERS ON SEPTEMBER 25, 2014
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco β | C$1,417.48 | C$65.00 |
| Sprott Money | C$1,430.48 | C$78.00 |
| SilverGoldBull | C$1,407.48 | C$55.00 |
| TD Precious Metals | C$1,447.48 | C$95.00 |
| Royal Canadian Mint | C$1,462.48 | C$110.00 |
| Border Gold | C$1,422.48 | 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 September 25, 2014 for the full market overview.
π Market Analysis β September 25, 2014
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
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.
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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,417.48 |
| Per Gram | C$45.57 |
| Per Kilogram | C$45,572.97 |
| Per Pennyweight (1.555g) | C$70.87 |
| Per Tola (11.66g) | C$531.56 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides