Home›Dealers›Sprott Money

SPROTT MONEY — GOLD PRICES & REVIEW

Toronto, ON · Since 2008 · www.sprottmoney.com

Sprott Money Ltd., a subsidiary of Sprott Inc. (TSX: SII), is a trusted Canadian precious metals dealer based in Toronto. They offer gold, silver, and platinum products with transparent pricing and a focus on wealth preservation for Canadian investors.

LIVE GOLD PRICE (CAD)

Gold Price Chart — Live (CAD)

PRODUCTS AVAILABLE

Gold Maple Leaf, Gold Bars (1oz–100oz), RCM Gold Wafers, Sprott Physical Gold Trust

SHIPPING

Free insured shipping on orders over C$500. Express shipping available. Ships from Toronto.

PAYMENT OPTIONS

Bank wire (best price), Interac e-Transfer, credit card, cheque

RRSP / TFSA ELIGIBILITY

Yes — RRSP/TFSA storage available through partnership with Canadian Western Trust.

⚡ EXPLORE MORE DEALERS

Kitco SilverGoldBull TD Precious Metals Royal Canadian Mint Border Gold All Dealers Gold Price Today

📊 Gold Market Analysis

Gold has historically served as an effective hedge against inflation and currency depreciation in Canada. Central bank policies, including the Bank of Canada's interest rate decisions, directly influence the attractiveness of gold relative to fixed-income investments. The Canadian Dollar (CAD) is strongly correlated with crude oil prices due to Canada's status as a major oil exporter. When oil prices fall, the CAD typically weakens, causing gold priced in CAD to rise even if USD gold is flat. This commodity currency dynamic makes gold an effective diversifier in Canadian portfolios.

❓ Frequently Asked Questions

❓ 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$200–C$500 depending on the dealer.

❓ What payment methods are accepted?

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

❓ 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.

💡 Canadian Gold Investor Guide

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.

Tax-Efficient Gold Investing: Maximize TFSA contributions first — all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.