Home›Products›Canadian Gold Maple Leaf›December 3, 2021

CANADIAN GOLD MAPLE LEAF — DECEMBER 3, 2021

🪙 99.99% Purity · GST/HST-exempt · RRSP/TFSA: Yes

C$2,375.47
Premium: C$91.36 (4.0%)

On Friday, December 3, 2021, the Canadian Gold Maple Leaf was priced at C$2,375.47 in Canadian Dollars. This included the spot price of C$2,284.11 plus a typical dealer premium of C$91.36 (4.0% over spot). Gold rose C$28.49 (+1.26%) 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 2021, gold in CAD traded between C$2,119.25 and C$2,495.75, with an annual average of C$2,253.05. This day's price was 1.4% above the yearly average and -8.5% from the year's high.

PRICE BREAKDOWN

ComponentCAD
Gold Spot (XAU/CAD)C$2,284.11
Premium (4.0%)+C$91.36
Canadian Gold Maple LeafC$2,375.47
Per GramC$76.37

CANADIAN DEALER PRICES — DECEMBER 3, 2021

Dealer1 oz Bar (CAD)Premium
KitcoC$2,349.11C$65.00
Sprott MoneyC$2,362.11C$78.00
SilverGoldBullC$2,339.11C$55.00
TD Precious MetalsC$2,379.11C$95.00
Royal Canadian MintC$2,394.11C$110.00
Border GoldC$2,354.11C$70.00

RELATED

Spot December 3, 2021 Canadian Gold Maple Leaf All Products Compare Dealers

📊 Market Analysis — December 3, 2021

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 — including trade wars, military conflicts, and sanctions — 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.

❓ 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

Portfolio Allocation: Most Canadian financial planners recommend allocating 5–15% 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.

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.

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$2,375.47
Per GramC$76.37
Per KilogramC$76,373.02
Per Pennyweight (1.555g)C$118.77
Per Tola (11.66g)C$890.80

📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides