CANADIAN GOLD MAPLE LEAF โ NOVEMBER 25, 2015
๐ช 99.99% Purity ยท GST/HST-exempt ยท RRSP/TFSA: Yes
On Wednesday, November 25, 2015, the Canadian Gold Maple Leaf was priced at C$1,481.05 in Canadian Dollars. This included the spot price of C$1,424.09 plus a typical dealer premium of C$56.96 (4.0% over spot). Gold fell C$11.21 (-0.78%) 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 2015, gold in CAD traded between C$1,377.42 and C$1,619.26, with an annual average of C$1,479.36. This day's price was -3.7% below the yearly average and -12.1% from the year's high.
PRICE BREAKDOWN
| Component | CAD |
|---|---|
| Gold Spot (XAU/CAD) | C$1,424.09 |
| Premium (4.0%) | +C$56.96 |
| Canadian Gold Maple Leaf | C$1,481.05 |
| Per Gram | C$47.62 |
CANADIAN DEALER PRICES โ NOVEMBER 25, 2015
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,489.09 | C$65.00 |
| Sprott Money | C$1,502.09 | C$78.00 |
| SilverGoldBull | C$1,479.09 | C$55.00 |
| TD Precious Metals | C$1,519.09 | C$95.00 |
| Royal Canadian Mint | C$1,534.09 | C$110.00 |
| Border Gold | C$1,494.09 | C$70.00 |
๐ Market Analysis โ November 25, 2015
โ Frequently Asked Questions
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.
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.
๐ก 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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,481.05 |
| Per Gram | C$47.62 |
| Per Kilogram | C$47,616.79 |
| Per Pennyweight (1.555g) | C$74.05 |
| Per Tola (11.66g) | C$555.39 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides