AMERICAN GOLD EAGLE
Weight: 1 oz ยท Purity: 91.67% ยท Tax: Taxable โ ๏ธ
The American Gold Eagle, produced by the US Mint, contains 1oz of pure gold alloyed with silver and copper for durability (22 karat). While produced in the US, it is widely available from Canadian dealers and is popular among Canadian investors for portfolio diversification. Note: at 91.67% purity, it does not meet the 99.5% threshold for GST/HST exemption or RRSP eligibility in Canada.
LIVE GOLD PRICE (CAD)
WHERE TO BUY IN CANADA
Available from: Kitco, Sprott Money, SilverGoldBull, TD Precious Metals, Royal Canadian Mint, and Border Gold. Compare prices using our dealer comparison table.
โก MORE PRODUCTS
๐ Gold Market Analysis
โ Frequently Asked Questions
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.
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.
๐ก Canadian Gold Investor Guide
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 โ gold rewards patient holders.
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.