ROYAL CANADIAN MINT GOLD PRICE — SEPTEMBER 19, 2022
🏪 Royal Canadian Mint — 1 oz Gold Bar Price (CAD)
On September 19, 2022, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$2,319.08 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,209.08 plus a dealer premium of C$110.00 (4.98%). The gold spot price fell by -5.42 (-0.24%) compared to the previous trading day.
PRICE BREAKDOWN — SEPTEMBER 19, 2022
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$2,209.08 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$2,319.08 |
SPOT PRICE OHLC — SEPTEMBER 19, 2022
| Metric | Price (CAD) |
|---|---|
| Open | C$2,203.25 |
| High | C$2,213.32 |
| Low | C$2,198.87 |
| Close | C$2,209.08 |
| Change | ▼ -5.42 (-0.24%) |
COMPARE DEALERS ON SEPTEMBER 19, 2022
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$2,274.08 | C$65.00 |
| Sprott Money | C$2,287.08 | C$78.00 |
| SilverGoldBull | C$2,264.08 | C$55.00 |
| TD Precious Metals | C$2,304.08 | C$95.00 |
| Royal Canadian Mint ✓ | C$2,319.08 | C$110.00 |
| Border Gold | C$2,279.08 | 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 September 19, 2022 for the full market overview.
📊 Market Analysis — September 19, 2022
❓ Frequently Asked Questions
❓ 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.
❓ 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 1–3% below spot price depending on product type and market conditions.
❓ 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 1–2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
💡 Canadian Gold Investor Guide
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month — 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 5–15% 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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$2,319.08 |
| Per Gram | C$74.56 |
| Per Kilogram | C$74,560.05 |
| Per Pennyweight (1.555g) | C$115.95 |
| Per Tola (11.66g) | C$869.65 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides