Homeβ€ΊDealersβ€ΊKitcoβ€ΊHistoryβ€ΊSeptember 8, 2021

KITCO GOLD PRICE β€” SEPTEMBER 8, 2021

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

C$2,329.59
Premium: C$65.00 (2.87%)

On September 8, 2021, a 1 oz Gold Bar from Kitco was priced at C$2,329.59 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,264.59 plus a dealer premium of C$65.00 (2.87%). The gold spot price rose by +13.56 (+0.60%) compared to the previous trading day.

PRICE BREAKDOWN β€” SEPTEMBER 8, 2021

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$2,264.59
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$2,329.59

SPOT PRICE OHLC β€” SEPTEMBER 8, 2021

MetricPrice (CAD)
OpenC$2,253.21
HighC$2,264.59
LowC$2,253.21
CloseC$2,264.59
Changeβ–² +13.56 (+0.60%)

COMPARE DEALERS ON SEPTEMBER 8, 2021

Dealer1 oz Bar (CAD)Premium
Kitco βœ“C$2,329.59C$65.00
Sprott MoneyC$2,342.59C$78.00
SilverGoldBullC$2,319.59C$55.00
TD Precious MetalsC$2,359.59C$95.00
Royal Canadian MintC$2,374.59C$110.00
Border GoldC$2,334.59C$70.00
← September 7, 2021 πŸ“… All Dates September 9, 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 September 8, 2021 for the full market overview.

πŸ“Š Market Analysis β€” September 8, 2021

Gold has historically served as an effective hedge against inflation and currency depreciation in Canada. Central bank policies, including the Bank of Canada's interest rate decisions, directly influence the attractiveness of gold relative to fixed-income investments. Gold mining stocks on the TSX (Toronto Stock Exchange) β€” including Barrick Gold, Agnico Eagle, and Kinross Gold β€” offer leveraged exposure to gold prices. However, physical bullion provides direct price exposure without management risk, dilution, or operational challenges. Many Canadian financial advisors recommend a mix of both.

❓ Frequently Asked Questions

❓ 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$200–C$500 depending on the dealer.

❓ 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.

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$2,329.59
Per GramC$74.90
Per KilogramC$74,897.95
Per Pennyweight (1.555g)C$116.48
Per Tola (11.66g)C$873.60

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