ROYAL CANADIAN MINT GOLD PRICE — APRIL 11, 2008
🏪 Royal Canadian Mint — 1 oz Gold Bar Price (CAD)
On April 11, 2008, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,053.00 per troy ounce in Canadian Dollars. This included the CAD spot price of C$943.00 plus a dealer premium of C$110.00 (11.66%). The gold spot price fell by -2.20 (-0.23%) compared to the previous trading day.
PRICE BREAKDOWN — APRIL 11, 2008
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$943.00 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,053.00 |
SPOT PRICE OHLC — APRIL 11, 2008
| Metric | Price (CAD) |
|---|---|
| Open | C$938.91 |
| High | C$950.76 |
| Low | C$938.91 |
| Close | C$943.00 |
| Change | ▼ -2.20 (-0.23%) |
COMPARE DEALERS ON APRIL 11, 2008
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,008.00 | C$65.00 |
| Sprott Money | C$1,021.00 | C$78.00 |
| SilverGoldBull | C$998.00 | C$55.00 |
| TD Precious Metals | C$1,038.00 | C$95.00 |
| Royal Canadian Mint ✓ | C$1,053.00 | C$110.00 |
| Border Gold | C$1,013.00 | 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 April 11, 2008 for the full market overview.
📊 Market Analysis — April 11, 2008
❓ Frequently Asked Questions
❓ 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.
❓ 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 1–2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
💡 Canadian Gold Investor Guide
Tax-Efficient Gold Investing: Maximize TFSA contributions first — 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 — gold rewards patient holders.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,053.00 |
| Per Gram | C$33.85 |
| Per Kilogram | C$33,854.69 |
| Per Pennyweight (1.555g) | C$52.65 |
| Per Tola (11.66g) | C$394.88 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides