ROYAL CANADIAN MINT GOLD PRICE โ MARCH 27, 2015
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On March 27, 2015, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$1,607.28 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,497.28 plus a dealer premium of C$110.00 (7.35%). The gold spot price fell by -12.35 (-0.82%) compared to the previous trading day.
PRICE BREAKDOWN โ MARCH 27, 2015
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,497.28 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$1,607.28 |
SPOT PRICE OHLC โ MARCH 27, 2015
| Metric | Price (CAD) |
|---|---|
| Open | C$1,493.78 |
| High | C$1,497.28 |
| Low | C$1,492.91 |
| Close | C$1,497.28 |
| Change | โผ -12.35 (-0.82%) |
COMPARE DEALERS ON MARCH 27, 2015
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,562.28 | C$65.00 |
| Sprott Money | C$1,575.28 | C$78.00 |
| SilverGoldBull | C$1,552.28 | C$55.00 |
| TD Precious Metals | C$1,592.28 | C$95.00 |
| Royal Canadian Mint โ | C$1,607.28 | C$110.00 |
| Border Gold | C$1,567.28 | 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 27, 2015 for the full market overview.
๐ Market Analysis โ March 27, 2015
โ Frequently Asked Questions
โ Is shipping gold safe in Canada?
Major dealers ship via insured courier (Canada Post Xpresspost, Purolator) with full insurance coverage. All packages are discreetly labelled with no indication of contents. Free shipping thresholds typically range from C$200โC$500 depending on the dealer.
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.
๐ก Canadian Gold Investor Guide
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.
Physical vs Paper Gold: Physical bullion (bars, coins) provides tangible ownership with no counterparty risk, ideal for long-term holdings. ETFs (CGL.TO, MNT.TO) offer convenience for trading and rebalancing. A combination of both can optimize for both security and flexibility.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,607.28 |
| Per Gram | C$51.68 |
| Per Kilogram | C$51,675.18 |
| Per Pennyweight (1.555g) | C$80.36 |
| Per Tola (11.66g) | C$602.73 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides