Homeโ€บProductsโ€บ1oz Gold Barโ€บMarch 19, 2025

1OZ GOLD BAR โ€” MARCH 19, 2025

๐Ÿช™ 99.99% Purity ยท GST/HST-exempt ยท RRSP/TFSA: Yes

C$4,449.72
Premium: C$108.53 (2.5%)

On Wednesday, March 19, 2025, the 1oz Gold Bar was priced at C$4,449.72 in Canadian Dollars. This included the spot price of C$4,341.19 plus a typical dealer premium of C$108.53 (2.5% over spot). Gold rose C$2.48 (+0.06%) from the previous session.

1oz gold bars are produced by refiners worldwide, including the Royal Canadian Mint, PAMP Suisse, and Valcambi. Canadian investors favour bars from LBMA-approved refiners, which ensure quality and resale value. Investment-grade gold bars with 99.5%+ purity are GST/HST-exempt and eligible for RRSP/TFSA registration in Canada.

In 2025, gold in CAD traded between C$3,809.34 and C$6,192.19, with an annual average of C$4,811.55. This day's price was -9.8% below the yearly average and -29.9% from the year's high.

PRICE BREAKDOWN

ComponentCAD
Gold Spot (XAU/CAD)C$4,341.19
Premium (2.5%)+C$108.53
1oz Gold BarC$4,449.72
Per GramC$143.06

CANADIAN DEALER PRICES โ€” MARCH 19, 2025

Dealer1 oz Bar (CAD)Premium
KitcoC$4,406.19C$65.00
Sprott MoneyC$4,419.19C$78.00
SilverGoldBullC$4,396.19C$55.00
TD Precious MetalsC$4,436.19C$95.00
Royal Canadian MintC$4,451.19C$110.00
Border GoldC$4,411.19C$70.00

RELATED

๐Ÿ“Š Market Analysis โ€” March 19, 2025

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.

โ“ Frequently Asked Questions

โ“ What is the best size to buy for Canadian investors?

For most Canadian investors, 1oz gold bars or Canadian Gold Maple Leaf coins offer the best balance of premium and liquidity. Larger bars (10oz, kilo) have lower premiums per ounce but can be harder to liquidate in smaller amounts.

โ“ Can I hold gold in my RRSP or TFSA?

Gold bars and coins with 99.5%+ purity from approved refiners can be held in a self-directed RRSP or TFSA through a qualified custodian. Storage is handled by approved vault facilities like those operated by the Royal Canadian Mint.

โ“ Is this product GST/HST-exempt in Canada?

Under the Excise Tax Act, investment-grade gold bullion with 99.5% or higher purity is exempt from GST/HST across all Canadian provinces. Products below this threshold (e.g., American Eagle at 91.67% gold) are subject to full provincial sales tax.

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$4,449.72
Per GramC$143.06
Per KilogramC$143,061.61
Per Pennyweight (1.555g)C$222.49
Per Tola (11.66g)C$1,668.64

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