Homeโ€บProductsโ€บCanadian Gold Maple Leafโ€บFebruary 25, 2010

CANADIAN GOLD MAPLE LEAF โ€” FEBRUARY 25, 2010

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

C$1,222.28
Premium: C$47.01 (4.0%)

On Thursday, February 25, 2010, the Canadian Gold Maple Leaf was priced at C$1,222.28 in Canadian Dollars. This included the spot price of C$1,175.27 plus a typical dealer premium of C$47.01 (4.0% over spot). Gold rose C$20.98 (+1.82%) from the previous session.

The Canadian Gold Maple Leaf is one of the world's most recognized gold bullion coins, produced by the Royal Canadian Mint since 1979. With 99.99% purity (four nines fine), it is the purest regular-issue gold coin in the world. The Maple Leaf features advanced security features including radial lines and a micro-engraved maple leaf. It is legal tender with a face value of C$50.

In 2010, gold in CAD traded between C$1,114.18 and C$1,422.68, with an annual average of C$1,263.32. This day's price was -7.0% below the yearly average and -17.4% from the year's high.

PRICE BREAKDOWN

ComponentCAD
Gold Spot (XAU/CAD)C$1,175.27
Premium (4.0%)+C$47.01
Canadian Gold Maple LeafC$1,222.28
Per GramC$39.30

CANADIAN DEALER PRICES โ€” FEBRUARY 25, 2010

Dealer1 oz Bar (CAD)Premium
KitcoC$1,240.27C$65.00
Sprott MoneyC$1,253.27C$78.00
SilverGoldBullC$1,230.27C$55.00
TD Precious MetalsC$1,270.27C$95.00
Royal Canadian MintC$1,285.27C$110.00
Border GoldC$1,245.27C$70.00

RELATED

๐Ÿ“Š Market Analysis โ€” February 25, 2010

The precious metals market in Canada is influenced by multiple factors including global supply and demand, mining production costs, central bank reserves management, and macroeconomic indicators such as GDP growth, unemployment rates, and consumer price inflation. The London Bullion Market Association (LBMA) sets the benchmark gold price twice daily through electronic auction. This price, quoted in USD, is then converted to CAD using the prevailing exchange rate. Canadian dealers like Kitco update their premiums every 10โ€“30 seconds based on these spot movements.

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

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.

Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ€“15% of a diversified portfolio to gold and precious metals. This allocation provides downside protection during equity bear markets while maintaining growth potential during inflationary periods.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,222.28
Per GramC$39.30
Per KilogramC$39,297.16
Per Pennyweight (1.555g)C$61.11
Per Tola (11.66g)C$458.36

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