SILVERGOLDBULL GOLD PRICE โ JULY 1, 2011
๐ช SilverGoldBull โ 1 oz Gold Bar Price (CAD)
On July 1, 2011, a 1 oz Gold Bar from SilverGoldBull was priced at C$1,483.64 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,428.64 plus a dealer premium of C$55.00 (3.85%). The gold spot price fell by -24.69 (-1.70%) compared to the previous trading day.
PRICE BREAKDOWN โ JULY 1, 2011
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,428.64 |
| SilverGoldBull Premium | +C$55.00 |
| SilverGoldBull 1 oz Bar Price | C$1,483.64 |
SPOT PRICE OHLC โ JULY 1, 2011
| Metric | Price (CAD) |
|---|---|
| Open | C$1,447.82 |
| High | C$1,447.82 |
| Low | C$1,426.42 |
| Close | C$1,428.64 |
| Change | โผ -24.69 (-1.70%) |
COMPARE DEALERS ON JULY 1, 2011
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,493.64 | C$65.00 |
| Sprott Money | C$1,506.64 | C$78.00 |
| SilverGoldBull โ | C$1,483.64 | C$55.00 |
| TD Precious Metals | C$1,523.64 | C$95.00 |
| Royal Canadian Mint | C$1,538.64 | C$110.00 |
| Border Gold | C$1,498.64 | C$70.00 |
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 July 1, 2011 for the full market overview.
๐ Market Analysis โ July 1, 2011
โ Frequently Asked Questions
โ What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2โ3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
โ 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.
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 1โ3% below spot price depending on product type and market conditions.
๐ก Canadian Gold Investor Guide
Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ15% 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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,483.64 |
| Per Gram | C$47.70 |
| Per Kilogram | C$47,700.06 |
| Per Pennyweight (1.555g) | C$74.18 |
| Per Tola (11.66g) | C$556.37 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides