ROYAL CANADIAN MINT GOLD PRICE โ APRIL 18, 2013
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On April 18, 2013, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,538.33 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,428.33 plus a dealer premium of C$110.00 (7.70%). The gold spot price rose by +16.00 (+1.13%) compared to the previous trading day.
PRICE BREAKDOWN โ APRIL 18, 2013
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,428.33 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,538.33 |
SPOT PRICE OHLC โ APRIL 18, 2013
| Metric | Price (CAD) |
|---|---|
| Open | C$1,382.67 |
| High | C$1,432.85 |
| Low | C$1,382.67 |
| Close | C$1,428.33 |
| Change | โฒ +16.00 (+1.13%) |
COMPARE DEALERS ON APRIL 18, 2013
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,493.33 | C$65.00 |
| Sprott Money | C$1,506.33 | C$78.00 |
| SilverGoldBull | C$1,483.33 | C$55.00 |
| TD Precious Metals | C$1,523.33 | C$95.00 |
| Royal Canadian Mint โ | C$1,538.33 | C$110.00 |
| Border Gold | C$1,498.33 | 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 18, 2013 for the full market overview.
๐ Market Analysis โ April 18, 2013
โ Frequently Asked Questions
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.
โ 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 1โ2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
๐ก Canadian Gold Investor Guide
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.
Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ15% of a diversified portfolio to gold and precious metals. This allocation provides downside protection during equity bear markets while maintaining growth potential during inflationary periods.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,538.33 |
| Per Gram | C$49.46 |
| Per Kilogram | C$49,458.39 |
| Per Pennyweight (1.555g) | C$76.92 |
| Per Tola (11.66g) | C$576.87 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides