Homeβ€ΊDealersβ€ΊKitcoβ€ΊHistoryβ€ΊApril 1, 2021

KITCO GOLD PRICE β€” APRIL 1, 2021

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

C$2,234.23
Premium: C$65.00 (3.00%)

On April 1, 2021, a 1 oz Gold Bar from Kitco was priced at C$2,234.23 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,169.23 plus a dealer premium of C$65.00 (3.00%). The gold spot price rose by +6.28 (+0.29%) compared to the previous trading day.

PRICE BREAKDOWN β€” APRIL 1, 2021

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$2,169.23
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$2,234.23

SPOT PRICE OHLC β€” APRIL 1, 2021

MetricPrice (CAD)
OpenC$2,144.47
HighC$2,172.12
LowC$2,143.97
CloseC$2,169.23
Changeβ–² +6.28 (+0.29%)

COMPARE DEALERS ON APRIL 1, 2021

Dealer1 oz Bar (CAD)Premium
Kitco βœ“C$2,234.23C$65.00
Sprott MoneyC$2,247.23C$78.00
SilverGoldBullC$2,224.23C$55.00
TD Precious MetalsC$2,264.23C$95.00
Royal Canadian MintC$2,279.23C$110.00
Border GoldC$2,239.23C$70.00
← March 31, 2021 πŸ“… All Dates April 5, 2021 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 1, 2021 for the full market overview.

πŸ“Š Market Analysis β€” April 1, 2021

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

Tax-Efficient Gold Investing: Maximize TFSA contributions first β€” all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.

When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips β€” gold rewards patient holders.

βš–οΈ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$2,234.23
Per GramC$71.83
Per KilogramC$71,832.06
Per Pennyweight (1.555g)C$111.71
Per Tola (11.66g)C$837.84

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