ROYAL CANADIAN MINT GOLD PRICE โ FEBRUARY 10, 2021
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On February 10, 2021, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$2,447.03 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,337.03 plus a dealer premium of C$110.00 (4.71%). The gold spot price fell by -0.72 (-0.03%) compared to the previous trading day.
PRICE BREAKDOWN โ FEBRUARY 10, 2021
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$2,337.03 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$2,447.03 |
SPOT PRICE OHLC โ FEBRUARY 10, 2021
| Metric | Price (CAD) |
|---|---|
| Open | C$2,339.57 |
| High | C$2,350.36 |
| Low | C$2,332.46 |
| Close | C$2,337.03 |
| Change | โผ -0.72 (-0.03%) |
COMPARE DEALERS ON FEBRUARY 10, 2021
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$2,402.03 | C$65.00 |
| Sprott Money | C$2,415.03 | C$78.00 |
| SilverGoldBull | C$2,392.03 | C$55.00 |
| TD Precious Metals | C$2,432.03 | C$95.00 |
| Royal Canadian Mint โ | C$2,447.03 | C$110.00 |
| Border Gold | C$2,407.03 | 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 February 10, 2021 for the full market overview.
๐ Market Analysis โ February 10, 2021
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
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$2,447.03 |
| Per Gram | C$78.67 |
| Per Kilogram | C$78,673.73 |
| Per Pennyweight (1.555g) | C$122.35 |
| Per Tola (11.66g) | C$917.64 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides