Now for something a little different. While spot prices give us the theoretical market value, dealer prices tell us what’s actually happening on the ground—what buyers pay and what sellers receive. Here’s a look at the buy and sell prices for 1 oz gold and silver bars and coins throughout February 2026, all in Canadian dollars.
Gold Bars
For 1 oz gold bars, the spread between what dealers pay and what they charge remained fairly consistent. Dealer buy prices opened at $6,211 on February 2nd. There was a dip early in the month—the 5th saw the low point at $6,193—but things picked up from there. By month’s end, dealers were buying at $6,832 on the 27th. On the selling side, prices started at $6,603 and climbed steadily. The high water mark came on the 23rd, with dealers asking $7,334 for a 1 oz bar.
Gold Coins
Gold coins carried a slight premium, as you’d expect. Dealer buy prices for coins ranged from a low of $6,356 on the 5th to a high of $7,011 on the 27th. Selling prices followed a similar pattern, opening at $6,642 and peaking at $7,370 on the 23rd. The coin premium was typically in the $30-$40 range over bars on the sell side.
Silver Bars
Silver saw some real volatility this month. Dealer buy prices for 1 oz bars dropped dramatically on February 5th to just $86.43. That was the low point. From there, it was a slow recovery, with buy prices climbing to $115.13 by the 27th. Sell prices told a similar story—dropping to $103.90 on the 5th, then rallying to hit $138.41 on the 27th. That’s a pretty wide swing in just a few weeks.
Silver Coins
The coin market for silver mirrored the bar market, though with the usual premiums intact. Buy prices bottomed out at $94.88 on the 5th and reached $122.80 by month’s end. Sell prices ranged from $104.29 at their lowest to $136.49 at their highest. Interestingly, there were a couple of days where bar sell prices actually exceeded coin prices—the 26th and 27th show bars commanding a slight premium.
The Raw Data
That’s the dealer landscape for February. The spreads between buy and sell prices offer a real-world glimpse into the precious metals market beyond just spot prices. For the complete breakdown of daily figures, check out the full raw data post for February.