ROYAL CANADIAN MINT GOLD PRICE โ OCTOBER 25, 2021
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On October 25, 2021, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$2,344.26 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,234.26 plus a dealer premium of C$110.00 (4.92%). The gold spot price rose by +13.17 (+0.59%) compared to the previous trading day.
PRICE BREAKDOWN โ OCTOBER 25, 2021
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$2,234.26 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$2,344.26 |
SPOT PRICE OHLC โ OCTOBER 25, 2021
| Metric | Price (CAD) |
|---|---|
| Open | C$2,219.78 |
| High | C$2,237.97 |
| Low | C$2,219.41 |
| Close | C$2,234.26 |
| Change | โฒ +13.17 (+0.59%) |
COMPARE DEALERS ON OCTOBER 25, 2021
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$2,299.26 | C$65.00 |
| Sprott Money | C$2,312.26 | C$78.00 |
| SilverGoldBull | C$2,289.26 | C$55.00 |
| TD Precious Metals | C$2,329.26 | C$95.00 |
| Royal Canadian Mint โ | C$2,344.26 | C$110.00 |
| Border Gold | C$2,304.26 | 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 October 25, 2021 for the full market overview.
๐ Market Analysis โ October 25, 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
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.
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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$2,344.26 |
| Per Gram | C$75.37 |
| Per Kilogram | C$75,369.60 |
| Per Pennyweight (1.555g) | C$117.21 |
| Per Tola (11.66g) | C$879.10 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides