ROYAL CANADIAN MINT GOLD PRICE β JANUARY 13, 2009
πͺ Royal Canadian Mint β 1 oz Gold Bar Price (CAD)
On January 13, 2009, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,113.06 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,003.06 plus a dealer premium of C$110.00 (10.97%). The gold spot price rose by +5.49 (+0.55%) compared to the previous trading day.
PRICE BREAKDOWN β JANUARY 13, 2009
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,003.06 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,113.06 |
SPOT PRICE OHLC β JANUARY 13, 2009
| Metric | Price (CAD) |
|---|---|
| Open | C$1,009.79 |
| High | C$1,009.79 |
| Low | C$997.68 |
| Close | C$1,003.06 |
| Change | β² +5.49 (+0.55%) |
COMPARE DEALERS ON JANUARY 13, 2009
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,068.06 | C$65.00 |
| Sprott Money | C$1,081.06 | C$78.00 |
| SilverGoldBull | C$1,058.06 | C$55.00 |
| TD Precious Metals | C$1,098.06 | C$95.00 |
| Royal Canadian Mint β | C$1,113.06 | C$110.00 |
| Border Gold | C$1,073.06 | 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 January 13, 2009 for the full market overview.
π Market Analysis β January 13, 2009
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
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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,113.06 |
| Per Gram | C$35.79 |
| Per Kilogram | C$35,785.66 |
| Per Pennyweight (1.555g) | C$55.65 |
| Per Tola (11.66g) | C$417.40 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides