AMERICAN GOLD EAGLE — JANUARY 21, 2025
🪙 91.67% Purity · NOT GST/HST-exempt · RRSP/TFSA: No (below 99.5%)
On Tuesday, January 21, 2025, the American Gold Eagle was priced at C$4,137.39 in Canadian Dollars. This included the spot price of C$3,940.37 plus a typical dealer premium of C$197.02 (5.0% over spot). Gold fell C$10.27 (-0.26%) from the previous session.
The American Gold Eagle is the official US gold bullion coin, produced by the US Mint since 1986. While extremely popular in the United States, Canadian buyers should note that its 91.67% purity (22 karat) means it does NOT qualify for GST/HST exemption in Canada and is NOT eligible for RRSP/TFSA registration. Canadian investors may prefer the Gold Maple Leaf for tax advantages.
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 -18.1% below the yearly average and -36.4% from the year's high.
PRICE BREAKDOWN
| Component | CAD |
|---|---|
| Gold Spot (XAU/CAD) | C$3,940.37 |
| Premium (5.0%) | +C$197.02 |
| American Gold Eagle | C$4,137.39 |
| Per Gram | C$133.02 |
CANADIAN DEALER PRICES — JANUARY 21, 2025
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$4,005.37 | C$65.00 |
| Sprott Money | C$4,018.37 | C$78.00 |
| SilverGoldBull | C$3,995.37 | C$55.00 |
| TD Precious Metals | C$4,035.37 | C$95.00 |
| Royal Canadian Mint | C$4,050.37 | C$110.00 |
| Border Gold | C$4,010.37 | C$70.00 |
📊 Market Analysis — January 21, 2025
❓ Frequently Asked Questions
❓ 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.
❓ 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.
❓ 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.
💡 Canadian Gold Investor Guide
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%.
When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips — gold rewards patient holders.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$4,137.39 |
| Per Gram | C$133.02 |
| Per Kilogram | C$133,019.98 |
| Per Pennyweight (1.555g) | C$206.87 |
| Per Tola (11.66g) | C$1,551.52 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides