ROYAL CANADIAN MINT GOLD PRICE โ APRIL 6, 2021
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On April 6, 2021, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$2,290.39 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,180.39 plus a dealer premium of C$110.00 (5.04%). The gold spot price rose by +10.59 (+0.49%) compared to the previous trading day.
PRICE BREAKDOWN โ APRIL 6, 2021
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$2,180.39 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$2,290.39 |
SPOT PRICE OHLC โ APRIL 6, 2021
| Metric | Price (CAD) |
|---|---|
| Open | C$2,162.11 |
| High | C$2,184.52 |
| Low | C$2,162.11 |
| Close | C$2,180.39 |
| Change | โฒ +10.59 (+0.49%) |
COMPARE DEALERS ON APRIL 6, 2021
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$2,245.39 | C$65.00 |
| Sprott Money | C$2,258.39 | C$78.00 |
| SilverGoldBull | C$2,235.39 | C$55.00 |
| TD Precious Metals | C$2,275.39 | C$95.00 |
| Royal Canadian Mint โ | C$2,290.39 | C$110.00 |
| Border Gold | C$2,250.39 | 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 6, 2021 for the full market overview.
๐ Market Analysis โ April 6, 2021
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
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.
Tax-Efficient Gold Investing: Maximize TFSA contributions first โ all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$2,290.39 |
| Per Gram | C$73.64 |
| Per Kilogram | C$73,637.64 |
| Per Pennyweight (1.555g) | C$114.52 |
| Per Tola (11.66g) | C$858.90 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides