Homeโ€บProductsโ€บ1oz Gold Barโ€บFebruary 27, 2026

1OZ GOLD BAR โ€” FEBRUARY 27, 2026

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

C$7,331.96
Premium: C$178.83 (2.5%)

On Friday, February 27, 2026, the 1oz Gold Bar was priced at C$7,331.96 in Canadian Dollars. This included the spot price of C$7,153.13 plus a typical dealer premium of C$178.83 (2.5% over spot). Gold rose C$73.85 (+1.04%) 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 2026, gold in CAD traded between C$5,917.63 and C$7,236.60, with an annual average of C$6,715.57. This day's price was 6.5% above the yearly average and -1.2% from the year's high.

PRICE BREAKDOWN

ComponentCAD
Gold Spot (XAU/CAD)C$7,153.13
Premium (2.5%)+C$178.83
1oz Gold BarC$7,331.96
Per GramC$235.73

CANADIAN DEALER PRICES โ€” FEBRUARY 27, 2026

Dealer1 oz Bar (CAD)Premium
KitcoC$7,218.13C$65.00
Sprott MoneyC$7,231.13C$78.00
SilverGoldBullC$7,208.13C$55.00
TD Precious MetalsC$7,248.13C$95.00
Royal Canadian MintC$7,263.13C$110.00
Border GoldC$7,223.13C$70.00

RELATED

๐Ÿ“Š Market Analysis โ€” February 27, 2026

For Canadian investors, understanding the relationship between the USD/CAD exchange rate and gold pricing is essential. A weakening Canadian Dollar amplifies gold returns in CAD terms, while a strengthening CAD can dampen returns even when USD-denominated gold rises. Geopolitical tensions โ€” including trade wars, military conflicts, and sanctions โ€” historically drive gold higher as investors seek safe-haven assets. The Canadian Dollar, as a commodity currency tied to oil prices, can weaken independently during global uncertainty, creating a double tailwind for gold priced in CAD.

โ“ Frequently Asked Questions

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.

โ“ How should I store gold safely at home?

If storing at home, use a UL-rated fire-resistant safe bolted to concrete. Consider a rider on your home insurance policy. For larger holdings, allocated vault storage through Kitco Pool or Sprott Money provides institutional-grade security.

๐Ÿ’ก Canadian Gold Investor Guide

Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ€” say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$7,331.96
Per GramC$235.73
Per KilogramC$235,727.65
Per Pennyweight (1.555g)C$366.60
Per Tola (11.66g)C$2,749.49

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