KITCO GOLD PRICE β MARCH 7, 2025
πͺ Kitco β 1 oz Gold Bar Price (CAD)
On March 7, 2025, a 1 oz Gold Bar from Kitco was priced at C$4,216.14 per troy ounce in Canadian Dollars. This included the CAD spot price of C$4,151.14 plus a dealer premium of C$65.00 (1.57%). The gold spot price fell by -30.86 (-0.74%) compared to the previous trading day.
PRICE BREAKDOWN β MARCH 7, 2025
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$4,151.14 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$4,216.14 |
SPOT PRICE OHLC β MARCH 7, 2025
| Metric | Price (CAD) |
|---|---|
| Open | C$4,145.71 |
| High | C$4,183.43 |
| Low | C$4,145.13 |
| Close | C$4,151.14 |
| Change | βΌ -30.86 (-0.74%) |
COMPARE DEALERS ON MARCH 7, 2025
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco β | C$4,216.14 | C$65.00 |
| Sprott Money | C$4,229.14 | C$78.00 |
| SilverGoldBull | C$4,206.14 | C$55.00 |
| TD Precious Metals | C$4,246.14 | C$95.00 |
| Royal Canadian Mint | C$4,261.14 | C$110.00 |
| Border Gold | C$4,221.14 | C$70.00 |
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 March 7, 2025 for the full market overview.
π Market Analysis β March 7, 2025
β Frequently Asked Questions
β 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.
β 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 1β3% below spot price depending on product type and market conditions.
β 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 1β2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
π‘ Canadian Gold Investor Guide
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.
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$4,216.14 |
| Per Gram | C$135.55 |
| Per Kilogram | C$135,551.85 |
| Per Pennyweight (1.555g) | C$210.81 |
| Per Tola (11.66g) | C$1,581.05 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides