Homeโ€บDealersโ€บSilverGoldBullโ€บHistoryโ€บDecember 27, 2022

SILVERGOLDBULL GOLD PRICE โ€” DECEMBER 27, 2022

๐Ÿช SilverGoldBull โ€” 1 oz Gold Bar Price (CAD)

C$2,515.32
Premium: C$55.00 (2.24%)

On December 27, 2022, a 1 oz Gold Bar from SilverGoldBull was priced at C$2,515.32 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,460.32 plus a dealer premium of C$55.00 (2.24%). The gold spot price rose by +11.29 (+0.46%) compared to the previous trading day.

PRICE BREAKDOWN โ€” DECEMBER 27, 2022

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$2,460.32
SilverGoldBull Premium+C$55.00
SilverGoldBull 1 oz Bar PriceC$2,515.32

SPOT PRICE OHLC โ€” DECEMBER 27, 2022

MetricPrice (CAD)
OpenC$2,444.87
HighC$2,475.92
LowC$2,444.87
CloseC$2,460.32
Changeโ–ฒ +11.29 (+0.46%)

COMPARE DEALERS ON DECEMBER 27, 2022

Dealer1 oz Bar (CAD)Premium
KitcoC$2,525.32C$65.00
Sprott MoneyC$2,538.32C$78.00
SilverGoldBull โœ“C$2,515.32C$55.00
TD Precious MetalsC$2,555.32C$95.00
Royal Canadian MintC$2,570.32C$110.00
Border GoldC$2,530.32C$70.00
โ† December 23, 2022 ๐Ÿ“… All Dates December 28, 2022 โ†’

ABOUT SILVERGOLDBULL

SilverGoldBull is one of Canada's fastest-growing precious metals dealers, based in Calgary, Alberta, known for low premiums. Visit the SilverGoldBull dealer page for current live prices. See the gold spot price on December 27, 2022 for the full market overview.

๐Ÿ“Š Market Analysis โ€” December 27, 2022

Gold demand in Canada has grown significantly over the past decade, driven by institutional investors, ETF flows, and retail buyers seeking portfolio diversification. The Royal Canadian Mint's Gold Maple Leaf remains one of the world's most widely traded bullion coins. Central banks worldwide purchased over 1,000 tonnes of gold annually in 2023โ€“2025, led by China, India, and Turkey. This institutional buying has provided a structural floor under gold prices. Canada is unique among G7 nations in holding zero gold reserves since 2016, making private gold ownership more significant for national wealth preservation.

โ“ Frequently Asked Questions

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 1โ€“2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.

โ“ Is shipping gold safe in Canada?

Major dealers ship via insured courier (Canada Post Xpresspost, Purolator) with full insurance coverage. All packages are discreetly labelled with no indication of contents. Free shipping thresholds typically range from C$200โ€“C$500 depending on the dealer.

โ“ What payment methods are accepted?

Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2โ€“3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.

๐Ÿ’ก Canadian Gold Investor Guide

Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ€“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.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$2,515.32
Per GramC$80.87
Per KilogramC$80,869.30
Per Pennyweight (1.555g)C$125.77
Per Tola (11.66g)C$943.25

๐Ÿ“š Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides