Homeβ€ΊDealersβ€ΊKitcoβ€ΊHistoryβ€ΊApril 13, 2022

KITCO GOLD PRICE β€” APRIL 13, 2022

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

C$2,567.87
Premium: C$65.00 (2.60%)

On April 13, 2022, a 1 oz Gold Bar from Kitco was priced at C$2,567.87 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,502.87 plus a dealer premium of C$65.00 (2.60%). The gold spot price rose by +10.12 (+0.41%) compared to the previous trading day.

PRICE BREAKDOWN β€” APRIL 13, 2022

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$2,502.87
Kitco Premium+C$65.00
Kitco 1 oz Bar PriceC$2,567.87

SPOT PRICE OHLC β€” APRIL 13, 2022

MetricPrice (CAD)
OpenC$2,488.35
HighC$2,502.87
LowC$2,488.35
CloseC$2,502.87
Changeβ–² +10.12 (+0.41%)

COMPARE DEALERS ON APRIL 13, 2022

Dealer1 oz Bar (CAD)Premium
Kitco βœ“C$2,567.87C$65.00
Sprott MoneyC$2,580.87C$78.00
SilverGoldBullC$2,557.87C$55.00
TD Precious MetalsC$2,597.87C$95.00
Royal Canadian MintC$2,612.87C$110.00
Border GoldC$2,572.87C$70.00
← April 12, 2022 πŸ“… All Dates April 14, 2022 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 13, 2022 for the full market overview.

πŸ“Š Market Analysis β€” April 13, 2022

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$2,567.87
Per GramC$82.56
Per KilogramC$82,558.82
Per Pennyweight (1.555g)C$128.39
Per Tola (11.66g)C$962.95

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