Homeโ€บDealersโ€บSilverGoldBullโ€บHistoryโ€บDecember 19, 2012

SILVERGOLDBULL GOLD PRICE โ€” DECEMBER 19, 2012

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

C$1,698.17
Premium: C$55.00 (3.35%)

On December 19, 2012, a 1 oz Gold Bar from SilverGoldBull was priced at C$1,698.17 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,643.17 plus a dealer premium of C$55.00 (3.35%). The gold spot price rose by +0.87 (+0.05%) compared to the previous trading day.

PRICE BREAKDOWN โ€” DECEMBER 19, 2012

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,643.17
SilverGoldBull Premium+C$55.00
SilverGoldBull 1 oz Bar PriceC$1,698.17

SPOT PRICE OHLC โ€” DECEMBER 19, 2012

MetricPrice (CAD)
OpenC$1,651.85
HighC$1,652.54
LowC$1,641.30
CloseC$1,643.17
Changeโ–ฒ +0.87 (+0.05%)

COMPARE DEALERS ON DECEMBER 19, 2012

Dealer1 oz Bar (CAD)Premium
KitcoC$1,708.17C$65.00
Sprott MoneyC$1,721.17C$78.00
SilverGoldBull โœ“C$1,698.17C$55.00
TD Precious MetalsC$1,738.17C$95.00
Royal Canadian MintC$1,753.17C$110.00
Border GoldC$1,713.17C$70.00
โ† December 18, 2012 ๐Ÿ“… All Dates December 20, 2012 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 December 19, 2012 for the full market overview.

๐Ÿ“Š Market Analysis โ€” December 19, 2012

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. Gold's role as a portfolio diversifier is supported by its low correlation with equities. During the 2008 financial crisis and the 2020 COVID crash, gold provided positive returns when stock markets fell 30โ€“50%. A 10% gold allocation has historically reduced portfolio volatility while maintaining competitive long-term returns.

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

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.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,698.17
Per GramC$54.60
Per KilogramC$54,597.35
Per Pennyweight (1.555g)C$84.91
Per Tola (11.66g)C$636.81

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