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TD PRECIOUS METALS GOLD PRICE — JANUARY 26, 2004

🏪 TD Precious Metals — 1 oz Gold Bar Price (CAD)

C$628.66
Premium: C$95.00 (17.80%)

On January 26, 2004, a 1 oz Gold Bar from TD Precious Metals was priced at C$628.66 per troy ounce in Canadian Dollars. This included the CAD spot price of C$533.66 plus a dealer premium of C$95.00 (17.80%). The gold spot price fell by -1.38 (-0.26%) compared to the previous trading day.

PRICE BREAKDOWN — JANUARY 26, 2004

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$533.66
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$628.66

SPOT PRICE OHLC — JANUARY 26, 2004

MetricPrice (CAD)
OpenC$533.66
HighC$533.66
LowC$533.66
CloseC$533.66
Change▼ -1.38 (-0.26%)

COMPARE DEALERS ON JANUARY 26, 2004

Dealer1 oz Bar (CAD)Premium
KitcoC$598.66C$65.00
Sprott MoneyC$611.66C$78.00
SilverGoldBullC$588.66C$55.00
TD Precious Metals ✓C$628.66C$95.00
Royal Canadian MintC$643.66C$110.00
Border GoldC$603.66C$70.00
← January 23, 2004 📅 All Dates January 27, 2004 →

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 26, 2004 for the full market overview.

📊 Market Analysis — January 26, 2004

Market technicals for gold in CAD incorporate both the underlying commodity trend and currency movements. Support and resistance levels for XAU/CAD often differ from XAU/USD due to the additional variable of Canadian Dollar strength. The gold-to-silver ratio, currently fluctuating between 80:1 and 90:1, is watched closely by precious metals investors. Historically, ratios above 80 suggest silver is undervalued relative to gold. Canadian investors can use this metric to decide whether to overweight gold or silver in their bullion portfolios when purchasing from dealers like Kitco or Sprott Money.

❓ Frequently Asked Questions

❓ 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.

❓ Can I sell gold back to dealers?

Yes, most Canadian dealers offer buyback programs. Kitco, Sprott Money, and SilverGoldBull all purchase gold from customers at competitive bid prices, typically 1–3% below spot price depending on product type and market conditions.

❓ 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 1–2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.

💡 Canadian Gold Investor Guide

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.

Tax-Efficient Gold Investing: Maximize TFSA contributions first — all gold gains are 100% tax-free. Then use RRSP for tax-deductible contributions where gains are tax-deferred. Keep non-registered gold purchases for emergency reserves, as the capital gains inclusion rate is 50%.

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$628.66
Per GramC$20.21
Per KilogramC$20,211.86
Per Pennyweight (1.555g)C$31.43
Per Tola (11.66g)C$235.75

📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides