A CAD gold price contains two moving parts
Gold is commonly discussed through a US-dollar reference, while Canadian buyers and sellers need a Canadian-dollar amount. A CAD gold benchmark is therefore affected by the underlying gold reference and by the USD/CAD conversion used at the same time.
If gold is unchanged in US dollars but the Canadian dollar weakens against the US dollar, the Canadian-dollar gold reference can rise. The reverse can also occur. A chart needs a stated currency before its movement can be interpreted honestly.
Spot, retail price and buyback are different numbers
A CAD market reference is a common input, not the price a customer necessarily pays or receives. Retail bullion includes product premium, availability, payment and fulfillment economics. A dealer buyback reflects product recognition, authentication, resale route, testing and the risks of holding physical inventory.
For jewellery and mixed items, contained-metal value is a further translation: eligible weight multiplied by verified purity multiplied by a price per gram. Stones, hollow construction, solder, recovery and refiners' settlement terms can change an executable result.
Use timestamps instead of false precision
A price card should show its source, currency, unit and timestamp together. That gives a reader the information needed to decide whether a number is current enough for research, whether it is stale and whether a fresh external quote is needed.
Meridian's displayed reference is educational and indicative. It is never a standing offer, a reservation, a price lock or evidence that an online transaction route is open.
Sources & further reading.
Meridian guides are educational. They are not legal, tax or investment advice, and they do not create an offer to buy or sell gold or silver.