Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บMarch 28, 2003

TD PRECIOUS METALS GOLD PRICE โ€” MARCH 28, 2003

๐Ÿช TD Precious Metals โ€” 1 oz Gold Bar Price (CAD)

C$538.75
Premium: C$95.00 (21.41%)

On March 28, 2003, a 1 oz Gold Bar from TD Precious Metals was priced at C$538.75 per troy ounce in Canadian Dollars. This included the CAD spot price of C$443.75 plus a dealer premium of C$95.00 (21.41%). The gold spot price rose by +0.00 (+0.00%) compared to the previous trading day.

PRICE BREAKDOWN โ€” MARCH 28, 2003

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$443.75
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$538.75

SPOT PRICE OHLC โ€” MARCH 28, 2003

MetricPrice (CAD)
OpenC$447.53
HighC$447.53
LowC$443.75
CloseC$443.75
Changeโ–ฒ +0.00 (+0.00%)

COMPARE DEALERS ON MARCH 28, 2003

Dealer1 oz Bar (CAD)Premium
KitcoC$508.75C$65.00
Sprott MoneyC$521.75C$78.00
SilverGoldBullC$498.75C$55.00
TD Precious Metals โœ“C$538.75C$95.00
Royal Canadian MintC$553.75C$110.00
Border GoldC$513.75C$70.00
โ† March 27, 2003 ๐Ÿ“… All Dates March 31, 2003 โ†’

ABOUT TD PRECIOUS METALS

TD Precious Metals is the bullion division of TD Bank, one of Canada's Big Five banks, offering institutional trust. Visit the TD Precious Metals dealer page for current live prices. See the gold spot price on March 28, 2003 for the full market overview.

๐Ÿ“Š Market Analysis โ€” March 28, 2003

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) โ€” including Barrick Gold, Agnico Eagle, and Kinross Gold โ€” 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.

โ“ Frequently Asked Questions

โ“ Is shipping gold safe in Canada?

Major dealers ship via insured courier (Canada Post Xpresspost, Purolator) with full insurance coverage. All packages are discreetly labelled with no indication of contents. Free shipping thresholds typically range from C$200โ€“C$500 depending on the dealer.

โ“ What payment methods are accepted?

Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2โ€“3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.

โ“ How do I verify gold authenticity?

Reputable Canadian dealers like Kitco and Sprott Money sell only assayed products from LBMA-approved refiners. The Royal Canadian Mint includes anti-counterfeiting features on Maple Leaf coins including micro-engraved laser marks and radial lines visible under magnification.

๐Ÿ’ก Canadian Gold Investor Guide

Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ€“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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$538.75
Per GramC$17.32
Per KilogramC$17,321.19
Per Pennyweight (1.555g)C$26.94
Per Tola (11.66g)C$202.03

๐Ÿ“š Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides