Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บJanuary 13, 2004

TD PRECIOUS METALS GOLD PRICE โ€” JANUARY 13, 2004

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

C$633.52
Premium: C$95.00 (17.64%)

On January 13, 2004, a 1 oz Gold Bar from TD Precious Metals was priced at C$633.52 per troy ounce in Canadian Dollars. This included the CAD spot price of C$538.52 plus a dealer premium of C$95.00 (17.64%). The gold spot price fell by -5.48 (-1.01%) compared to the previous trading day.

PRICE BREAKDOWN โ€” JANUARY 13, 2004

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$538.52
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$633.52

SPOT PRICE OHLC โ€” JANUARY 13, 2004

MetricPrice (CAD)
OpenC$540.68
HighC$541.32
LowC$537.63
CloseC$538.52
Changeโ–ผ -5.48 (-1.01%)

COMPARE DEALERS ON JANUARY 13, 2004

Dealer1 oz Bar (CAD)Premium
KitcoC$603.52C$65.00
Sprott MoneyC$616.52C$78.00
SilverGoldBullC$593.52C$55.00
TD Precious Metals โœ“C$633.52C$95.00
Royal Canadian MintC$648.52C$110.00
Border GoldC$608.52C$70.00
โ† January 12, 2004 ๐Ÿ“… All Dates January 14, 2004 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 January 13, 2004 for the full market overview.

๐Ÿ“Š Market Analysis โ€” January 13, 2004

Gold demand in Canada has grown significantly over the past decade, driven by institutional investors, ETF flows, and retail buyers seeking portfolio diversification. The Royal Canadian Mint's Gold Maple Leaf remains one of the world's most widely traded bullion coins. Exchange-traded funds (ETFs) like SPDR Gold Shares (GLD) and iShares Gold Bullion ETF (CGL.TO) offer paper gold exposure. However, physical bullion provides tangible ownership without counterparty risk. Canadian investors should weigh convenience (ETFs) against security (physical) when building gold allocations.

โ“ Frequently Asked Questions

โ“ What affects Canadian dealer premiums?

Premiums above spot price vary based on product type, weight, payment method, and market conditions. Bank wire transfers typically earn 1โ€“2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.

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.

๐Ÿ’ก Canadian Gold Investor Guide

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ€” say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$633.52
Per GramC$20.37
Per KilogramC$20,368.11
Per Pennyweight (1.555g)C$31.68
Per Tola (11.66g)C$237.57

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