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SOUTH AFRICAN KRUGERRAND

Weight: 1 oz · Purity: 91.67% · Tax: Taxable ⚠️

The Krugerrand, first minted in 1967, was the world's first modern gold bullion coin. It contains exactly 1oz of gold alloyed with copper (22 karat). Available from most Canadian dealers. Like the Gold Eagle, at 91.67% purity it is not GST/HST-exempt 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.

⚡ MORE PRODUCTS

Canadian Gold Maple Leaf 1 oz Gold Bar 10 oz Gold Bar American Gold Eagle American Gold Buffalo All Products

📊 Gold Market Analysis

Gold has historically served as an effective hedge against inflation and currency depreciation in Canada. Central bank policies, including the Bank of Canada's interest rate decisions, directly influence the attractiveness of gold relative to fixed-income investments. Gold mining stocks on the TSX (Toronto Stock Exchange) — including Barrick Gold, Agnico Eagle, and Kinross Gold — offer leveraged exposure to gold prices. However, physical bullion provides direct price exposure without management risk, dilution, or operational challenges. Many Canadian financial advisors recommend a mix of both.

❓ Frequently Asked Questions

❓ 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.

❓ 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.

❓ 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.

💡 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.