Homeโ€บDealersโ€บSprott Moneyโ€บHistoryโ€บMarch 21, 2013

SPROTT MONEY GOLD PRICE โ€” MARCH 21, 2013

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

C$1,733.11
Premium: C$78.00 (4.71%)

On March 21, 2013, a 1 oz Gold Bar from Sprott Money was priced at C$1,733.11 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,655.11 plus a dealer premium of C$78.00 (4.71%). The gold spot price rose by +4.42 (+0.27%) compared to the previous trading day.

PRICE BREAKDOWN โ€” MARCH 21, 2013

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,655.11
Sprott Money Premium+C$78.00
Sprott Money 1 oz Bar PriceC$1,733.11

SPOT PRICE OHLC โ€” MARCH 21, 2013

MetricPrice (CAD)
OpenC$1,654.09
HighC$1,655.11
LowC$1,653.16
CloseC$1,655.11
Changeโ–ฒ +4.42 (+0.27%)

COMPARE DEALERS ON MARCH 21, 2013

Dealer1 oz Bar (CAD)Premium
KitcoC$1,720.11C$65.00
Sprott Money โœ“C$1,733.11C$78.00
SilverGoldBullC$1,710.11C$55.00
TD Precious MetalsC$1,750.11C$95.00
Royal Canadian MintC$1,765.11C$110.00
Border GoldC$1,725.11C$70.00
โ† March 20, 2013 ๐Ÿ“… All Dates March 22, 2013 โ†’

ABOUT SPROTT MONEY

Sprott Money Ltd., a subsidiary of Sprott Inc. (TSX: SII), is a leading Canadian precious metals dealer based in Toronto. Visit the Sprott Money dealer page for current live prices. See the gold spot price on March 21, 2013 for the full market overview.

๐Ÿ“Š Market Analysis โ€” March 21, 2013

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. Exchange-traded funds (ETFs) like SPDR Gold Shares (GLD) and iShares Gold Bullion ETF (CGL.TO) offer paper gold exposure. However, physical bullion provides tangible ownership without counterparty risk. Canadian investors should weigh convenience (ETFs) against security (physical) when building gold allocations.

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

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 โ€” 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%.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,733.11
Per GramC$55.72
Per KilogramC$55,720.70
Per Pennyweight (1.555g)C$86.66
Per Tola (11.66g)C$649.92

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