TD PRECIOUS METALS GOLD PRICE — SEPTEMBER 17, 2004
🏪 TD Precious Metals — 1 oz Gold Bar Price (CAD)
On September 17, 2004, a 1 oz Gold Bar from TD Precious Metals was priced at C$621.24 per troy ounce in Canadian Dollars. This included the CAD spot price of C$526.24 plus a dealer premium of C$95.00 (18.05%). The gold spot price rose by +4.18 (+0.80%) compared to the previous trading day.
PRICE BREAKDOWN — SEPTEMBER 17, 2004
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$526.24 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$621.24 |
SPOT PRICE OHLC — SEPTEMBER 17, 2004
| Metric | Price (CAD) |
|---|---|
| Open | C$526.24 |
| High | C$526.24 |
| Low | C$526.24 |
| Close | C$526.24 |
| Change | ▲ +4.18 (+0.80%) |
COMPARE DEALERS ON SEPTEMBER 17, 2004
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$591.24 | C$65.00 |
| Sprott Money | C$604.24 | C$78.00 |
| SilverGoldBull | C$581.24 | C$55.00 |
| TD Precious Metals ✓ | C$621.24 | C$95.00 |
| Royal Canadian Mint | C$636.24 | C$110.00 |
| Border Gold | C$596.24 | C$70.00 |
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 September 17, 2004 for the full market overview.
📊 Market Analysis — September 17, 2004
❓ Frequently Asked Questions
❓ 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.
❓ 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$200–C$500 depending on the dealer.
💡 Canadian Gold Investor Guide
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month — 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 5–15% 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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$621.24 |
| Per Gram | C$19.97 |
| Per Kilogram | C$19,973.30 |
| Per Pennyweight (1.555g) | C$31.06 |
| Per Tola (11.66g) | C$232.97 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides