KITCO GOLD PRICE β FEBRUARY 5, 2026
πͺ Kitco β 1 oz Gold Bar Price (CAD)
On February 5, 2026, a 1 oz Gold Bar from Kitco was priced at C$6,710.14 per troy ounce in Canadian Dollars. This included the CAD spot price of C$6,645.14 plus a dealer premium of C$65.00 (0.98%). The gold spot price fell by -65.99 (-0.98%) compared to the previous trading day.
PRICE BREAKDOWN β FEBRUARY 5, 2026
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$6,645.14 |
| Kitco Premium | +C$65.00 |
| Kitco 1 oz Bar Price | C$6,710.14 |
SPOT PRICE OHLC β FEBRUARY 5, 2026
| Metric | Price (CAD) |
|---|---|
| Open | C$6,846.49 |
| High | C$6,851.41 |
| Low | C$6,542.08 |
| Close | C$6,645.14 |
| Change | βΌ -65.99 (-0.98%) |
COMPARE DEALERS ON FEBRUARY 5, 2026
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco β | C$6,710.14 | C$65.00 |
| Sprott Money | C$6,723.14 | C$78.00 |
| SilverGoldBull | C$6,700.14 | C$55.00 |
| TD Precious Metals | C$6,740.14 | C$95.00 |
| Royal Canadian Mint | C$6,755.14 | C$110.00 |
| Border Gold | C$6,715.14 | 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 February 5, 2026 for the full market overview.
π Market Analysis β February 5, 2026
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
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.
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%.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$6,710.14 |
| Per Gram | C$215.74 |
| Per Kilogram | C$215,735.70 |
| Per Pennyweight (1.555g) | C$335.51 |
| Per Tola (11.66g) | C$2,516.30 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides