ROYAL CANADIAN MINT GOLD PRICE โ MARCH 10, 2015
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On March 10, 2015, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,574.16 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,464.16 plus a dealer premium of C$110.00 (7.51%). The gold spot price fell by -5.85 (-0.40%) compared to the previous trading day.
PRICE BREAKDOWN โ MARCH 10, 2015
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,464.16 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,574.16 |
SPOT PRICE OHLC โ MARCH 10, 2015
| Metric | Price (CAD) |
|---|---|
| Open | C$1,472.11 |
| High | C$1,474.64 |
| Low | C$1,459.62 |
| Close | C$1,464.16 |
| Change | โผ -5.85 (-0.40%) |
COMPARE DEALERS ON MARCH 10, 2015
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,529.16 | C$65.00 |
| Sprott Money | C$1,542.16 | C$78.00 |
| SilverGoldBull | C$1,519.16 | C$55.00 |
| TD Precious Metals | C$1,559.16 | C$95.00 |
| Royal Canadian Mint โ | C$1,574.16 | C$110.00 |
| Border Gold | C$1,534.16 | 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 March 10, 2015 for the full market overview.
๐ Market Analysis โ March 10, 2015
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
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 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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,574.16 |
| Per Gram | C$50.61 |
| Per Kilogram | C$50,610.35 |
| Per Pennyweight (1.555g) | C$78.71 |
| Per Tola (11.66g) | C$590.31 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides