Homeโ€บDealersโ€บSilverGoldBullโ€บHistoryโ€บNovember 25, 2002

SILVERGOLDBULL GOLD PRICE โ€” NOVEMBER 25, 2002

๐Ÿช SilverGoldBull โ€” 1 oz Gold Bar Price (CAD)

C$484.03
Premium: C$55.00 (12.82%)

On November 25, 2002, a 1 oz Gold Bar from SilverGoldBull was priced at C$484.03 per troy ounce in Canadian Dollars. This included the CAD spot price of C$429.03 plus a dealer premium of C$55.00 (12.82%). The gold spot price fell by -3.92 (-0.91%) compared to the previous trading day.

PRICE BREAKDOWN โ€” NOVEMBER 25, 2002

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$429.03
SilverGoldBull Premium+C$55.00
SilverGoldBull 1 oz Bar PriceC$484.03

SPOT PRICE OHLC โ€” NOVEMBER 25, 2002

MetricPrice (CAD)
OpenC$427.28
HighC$429.03
LowC$427.28
CloseC$429.03
Changeโ–ผ -3.92 (-0.91%)

COMPARE DEALERS ON NOVEMBER 25, 2002

Dealer1 oz Bar (CAD)Premium
KitcoC$494.03C$65.00
Sprott MoneyC$507.03C$78.00
SilverGoldBull โœ“C$484.03C$55.00
TD Precious MetalsC$524.03C$95.00
Royal Canadian MintC$539.03C$110.00
Border GoldC$499.03C$70.00
โ† November 22, 2002 ๐Ÿ“… All Dates November 26, 2002 โ†’

ABOUT SILVERGOLDBULL

SilverGoldBull is one of Canada's fastest-growing precious metals dealers, based in Calgary, Alberta, known for low premiums. Visit the SilverGoldBull dealer page for current live prices. See the gold spot price on November 25, 2002 for the full market overview.

๐Ÿ“Š Market Analysis โ€” November 25, 2002

The precious metals market in Canada is influenced by multiple factors including global supply and demand, mining production costs, central bank reserves management, and macroeconomic indicators such as GDP growth, unemployment rates, and consumer price inflation. The London Bullion Market Association (LBMA) sets the benchmark gold price twice daily through electronic auction. This price, quoted in USD, is then converted to CAD using the prevailing exchange rate. Canadian dealers like Kitco update their premiums every 10โ€“30 seconds based on these spot movements.

โ“ Frequently Asked Questions

โ“ 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 1โ€“3% below spot price depending on product type and market conditions.

โ“ 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 1โ€“2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.

โ“ 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$200โ€“C$500 depending on the dealer.

๐Ÿ’ก Canadian Gold Investor Guide

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ€” 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 5โ€“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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$484.03
Per GramC$15.56
Per KilogramC$15,561.90
Per Pennyweight (1.555g)C$24.20
Per Tola (11.66g)C$181.51

๐Ÿ“š Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides