Homeβ€ΊDealersβ€ΊKitcoβ€ΊHistoryβ€ΊApril 6, 2015

KITCO GOLD PRICE β€” APRIL 6, 2015

πŸͺ Kitco β€” 1 oz Gold Bar Price (CAD)

C$1,585.20
Premium: C$65.00 (4.28%)

On April 6, 2015, a 1 oz Gold Bar from Kitco was priced at C$1,585.20 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,520.20 plus a dealer premium of C$65.00 (4.28%). The gold spot price rose by +5.82 (+0.38%) compared to the previous trading day.

PRICE BREAKDOWN β€” APRIL 6, 2015

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,520.20
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$1,585.20

SPOT PRICE OHLC β€” APRIL 6, 2015

MetricPrice (CAD)
OpenC$1,509.35
HighC$1,527.19
LowC$1,509.35
CloseC$1,520.20
Changeβ–² +5.82 (+0.38%)

COMPARE DEALERS ON APRIL 6, 2015

Dealer1 oz Bar (CAD)Premium
Kitco βœ“C$1,585.20C$65.00
Sprott MoneyC$1,598.20C$78.00
SilverGoldBullC$1,575.20C$55.00
TD Precious MetalsC$1,615.20C$95.00
Royal Canadian MintC$1,630.20C$110.00
Border GoldC$1,590.20C$70.00
← April 2, 2015 πŸ“… All Dates April 7, 2015 β†’

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 April 6, 2015 for the full market overview.

πŸ“Š Market Analysis β€” April 6, 2015

For Canadian investors, understanding the relationship between the USD/CAD exchange rate and gold pricing is essential. A weakening Canadian Dollar amplifies gold returns in CAD terms, while a strengthening CAD can dampen returns even when USD-denominated gold rises. Geopolitical tensions β€” including trade wars, military conflicts, and sanctions β€” historically drive gold higher as investors seek safe-haven assets. The Canadian Dollar, as a commodity currency tied to oil prices, can weaken independently during global uncertainty, creating a double tailwind for gold priced in CAD.

❓ Frequently Asked Questions

❓ What payment methods are accepted?

Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2–3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.

❓ 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.

❓ 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 1–3% below spot price depending on product type and market conditions.

πŸ’‘ Canadian Gold Investor Guide

Portfolio Allocation: Most Canadian financial planners recommend allocating 5–15% 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.

βš–οΈ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,585.20
Per GramC$50.97
Per KilogramC$50,965.29
Per Pennyweight (1.555g)C$79.26
Per Tola (11.66g)C$594.45

πŸ“š Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides