ROYAL CANADIAN MINT GOLD PRICE โ APRIL 16, 2013
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On April 16, 2013, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,528.74 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,418.74 plus a dealer premium of C$110.00 (7.75%). The gold spot price rose by +38.06 (+2.76%) compared to the previous trading day.
PRICE BREAKDOWN โ APRIL 16, 2013
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,418.74 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,528.74 |
SPOT PRICE OHLC โ APRIL 16, 2013
| Metric | Price (CAD) |
|---|---|
| Open | C$1,389.27 |
| High | C$1,433.27 |
| Low | C$1,353.47 |
| Close | C$1,418.74 |
| Change | โฒ +38.06 (+2.76%) |
COMPARE DEALERS ON APRIL 16, 2013
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,483.74 | C$65.00 |
| Sprott Money | C$1,496.74 | C$78.00 |
| SilverGoldBull | C$1,473.74 | C$55.00 |
| TD Precious Metals | C$1,513.74 | C$95.00 |
| Royal Canadian Mint โ | C$1,528.74 | C$110.00 |
| Border Gold | C$1,488.74 | 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 16, 2013 for the full market overview.
๐ Market Analysis โ April 16, 2013
โ Frequently Asked Questions
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.
โ 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 1โ3% below spot price depending on product type and market conditions.
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$1,528.74 |
| Per Gram | C$49.15 |
| Per Kilogram | C$49,150.06 |
| Per Pennyweight (1.555g) | C$76.44 |
| Per Tola (11.66g) | C$573.28 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides