ROYAL CANADIAN MINT GOLD PRICE β JANUARY 17, 2025
πͺ Royal Canadian Mint β 1 oz Gold Bar Price (CAD)
On January 17, 2025, a 1 oz Gold Bar from Royal Canadian Mint was priced at C$4,060.64 per troy ounce in Canadian Dollars. This included the CAD spot price of C$3,950.64 plus a dealer premium of C$110.00 (2.78%). The gold spot price rose by +16.09 (+0.41%) compared to the previous trading day.
PRICE BREAKDOWN β JANUARY 17, 2025
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$3,950.64 |
| Royal Canadian Mint Premium | +C$110.00 |
| Royal Canadian Mint 1 oz Bar Price | C$4,060.64 |
SPOT PRICE OHLC β JANUARY 17, 2025
| Metric | Price (CAD) |
|---|---|
| Open | C$3,938.69 |
| High | C$3,961.15 |
| Low | C$3,923.58 |
| Close | C$3,950.64 |
| Change | β² +16.09 (+0.41%) |
COMPARE DEALERS ON JANUARY 17, 2025
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$4,015.64 | C$65.00 |
| Sprott Money | C$4,028.64 | C$78.00 |
| SilverGoldBull | C$4,005.64 | C$55.00 |
| TD Precious Metals | C$4,045.64 | C$95.00 |
| Royal Canadian Mint β | C$4,060.64 | C$110.00 |
| Border Gold | C$4,020.64 | 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 17, 2025 for the full market overview.
π Market Analysis β January 17, 2025
β Frequently Asked Questions
β 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.
β 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 1β3% below spot price depending on product type and market conditions.
β 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 1β2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
π‘ Canadian Gold Investor Guide
Portfolio Allocation: Most Canadian financial planners recommend allocating 5β15% 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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$4,060.64 |
| Per Gram | C$130.55 |
| Per Kilogram | C$130,552.42 |
| Per Pennyweight (1.555g) | C$203.03 |
| Per Tola (11.66g) | C$1,522.74 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides