ROYAL CANADIAN MINT GOLD PRICE — DECEMBER 12, 2013
🏪 Royal Canadian Mint — 1 oz Gold Bar Price (CAD)
On December 12, 2013, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,408.54 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,298.54 plus a dealer premium of C$110.00 (8.47%). The gold spot price fell by -36.07 (-2.70%) compared to the previous trading day.
PRICE BREAKDOWN — DECEMBER 12, 2013
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,298.54 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,408.54 |
SPOT PRICE OHLC — DECEMBER 12, 2013
| Metric | Price (CAD) |
|---|---|
| Open | C$1,327.67 |
| High | C$1,329.68 |
| Low | C$1,298.44 |
| Close | C$1,298.54 |
| Change | ▼ -36.07 (-2.70%) |
COMPARE DEALERS ON DECEMBER 12, 2013
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,363.54 | C$65.00 |
| Sprott Money | C$1,376.54 | C$78.00 |
| SilverGoldBull | C$1,353.54 | C$55.00 |
| TD Precious Metals | C$1,393.54 | C$95.00 |
| Royal Canadian Mint ✓ | C$1,408.54 | C$110.00 |
| Border Gold | C$1,368.54 | 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 December 12, 2013 for the full market overview.
📊 Market Analysis — December 12, 2013
❓ 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
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.
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month — 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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,408.54 |
| Per Gram | C$45.29 |
| Per Kilogram | C$45,285.55 |
| Per Pennyweight (1.555g) | C$70.43 |
| Per Tola (11.66g) | C$528.20 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides