ROYAL CANADIAN MINT GOLD PRICE โ JANUARY 14, 2025
๐ช Royal Canadian Mint โ 1 oz Gold Bar Price (CAD)
On January 14, 2025, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$3,955.64 per troy ounce in Canadian Dollars. This included the CAD spot price of C$3,845.64 plus a dealer premium of C$110.00 (2.86%). The gold spot price fell by -8.18 (-0.21%) compared to the previous trading day.
PRICE BREAKDOWN โ JANUARY 14, 2025
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$3,845.64 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$3,955.64 |
SPOT PRICE OHLC โ JANUARY 14, 2025
| Metric | Price (CAD) |
|---|---|
| Open | C$3,840.04 |
| High | C$3,861.15 |
| Low | C$3,836.02 |
| Close | C$3,845.64 |
| Change | โผ -8.18 (-0.21%) |
COMPARE DEALERS ON JANUARY 14, 2025
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$3,910.64 | C$65.00 |
| Sprott Money | C$3,923.64 | C$78.00 |
| SilverGoldBull | C$3,900.64 | C$55.00 |
| TD Precious Metals | C$3,940.64 | C$95.00 |
| Royal Canadian Mint โ | C$3,955.64 | C$110.00 |
| Border Gold | C$3,915.64 | 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 January 14, 2025 for the full market overview.
๐ Market Analysis โ January 14, 2025
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
When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips โ gold rewards patient holders.
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$3,955.64 |
| Per Gram | C$127.18 |
| Per Kilogram | C$127,176.59 |
| Per Pennyweight (1.555g) | C$197.78 |
| Per Tola (11.66g) | C$1,483.37 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides