ROYAL CANADIAN MINT GOLD PRICE โ MAY 14, 2001
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On May 14, 2001, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$472.20 per troy ounce in Canadian Dollars. This included the CAD spot price of C$362.20 plus a dealer premium of C$110.00 (30.37%). The gold spot price rose by +0.54 (+0.15%) compared to the previous trading day.
PRICE BREAKDOWN โ MAY 14, 2001
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$362.20 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$472.20 |
SPOT PRICE OHLC โ MAY 14, 2001
| Metric | Price (CAD) |
|---|---|
| Open | C$362.20 |
| High | C$362.20 |
| Low | C$362.20 |
| Close | C$362.20 |
| Change | โฒ +0.54 (+0.15%) |
COMPARE DEALERS ON MAY 14, 2001
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$427.20 | C$65.00 |
| Sprott Money | C$440.20 | C$78.00 |
| SilverGoldBull | C$417.20 | C$55.00 |
| TD Precious Metals | C$457.20 | C$95.00 |
| Royal Canadian Mint โ | C$472.20 | C$110.00 |
| Border Gold | C$432.20 | C$70.00 |
ABOUT ROYAL CANADIAN MINT
The Royal Canadian Mint is the Crown corporation producing Canada's iconic Gold Maple Leaf coins at 99.99% purity. Visit the Royal Canadian Mint dealer page for current live prices. See the gold spot price on May 14, 2001 for the full market overview.
๐ Market Analysis โ May 14, 2001
โ Frequently Asked Questions
โ 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$200โC$500 depending on the dealer.
โ What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2โ3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
โ 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.
๐ก 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 โ 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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$472.20 |
| Per Gram | C$15.18 |
| Per Kilogram | C$15,181.56 |
| Per Pennyweight (1.555g) | C$23.61 |
| Per Tola (11.66g) | C$177.07 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides