ROYAL CANADIAN MINT GOLD PRICE — AUGUST 14, 2012
🏪 Royal Canadian Mint — 1 oz Gold Bar Price (CAD)
On August 14, 2012, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,697.56 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,587.56 plus a dealer premium of C$110.00 (6.93%). The gold spot price fell by -8.33 (-0.52%) compared to the previous trading day.
PRICE BREAKDOWN — AUGUST 14, 2012
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,587.56 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,697.56 |
SPOT PRICE OHLC — AUGUST 14, 2012
| Metric | Price (CAD) |
|---|---|
| Open | C$1,600.87 |
| High | C$1,603.64 |
| Low | C$1,579.43 |
| Close | C$1,587.56 |
| Change | ▼ -8.33 (-0.52%) |
COMPARE DEALERS ON AUGUST 14, 2012
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,652.56 | C$65.00 |
| Sprott Money | C$1,665.56 | C$78.00 |
| SilverGoldBull | C$1,642.56 | C$55.00 |
| TD Precious Metals | C$1,682.56 | C$95.00 |
| Royal Canadian Mint ✓ | C$1,697.56 | C$110.00 |
| Border Gold | C$1,657.56 | 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 August 14, 2012 for the full market overview.
📊 Market Analysis — August 14, 2012
❓ Frequently Asked Questions
❓ What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2–3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
❓ 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.
💡 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$1,697.56 |
| Per Gram | C$54.58 |
| Per Kilogram | C$54,577.74 |
| Per Pennyweight (1.555g) | C$84.88 |
| Per Tola (11.66g) | C$636.59 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides