TD PRECIOUS METALS GOLD PRICE — MAY 17, 2005
🏪 TD Precious Metals — 1 oz Gold Bar Price (CAD)
On May 17, 2005, a 1 oz Gold Bar from TD Precious Metals was priced at C$625.25 per troy ounce in Canadian Dollars. This included the CAD spot price of C$530.25 plus a dealer premium of C$95.00 (17.92%). The gold spot price fell by -1.12 (-0.21%) compared to the previous trading day.
PRICE BREAKDOWN — MAY 17, 2005
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$530.25 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$625.25 |
SPOT PRICE OHLC — MAY 17, 2005
| Metric | Price (CAD) |
|---|---|
| Open | C$530.25 |
| High | C$530.25 |
| Low | C$530.25 |
| Close | C$530.25 |
| Change | ▼ -1.12 (-0.21%) |
COMPARE DEALERS ON MAY 17, 2005
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$595.25 | C$65.00 |
| Sprott Money | C$608.25 | C$78.00 |
| SilverGoldBull | C$585.25 | C$55.00 |
| TD Precious Metals ✓ | C$625.25 | C$95.00 |
| Royal Canadian Mint | C$640.25 | C$110.00 |
| Border Gold | C$600.25 | 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 May 17, 2005 for the full market overview.
📊 Market Analysis — May 17, 2005
❓ 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
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%.
When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips — gold rewards patient holders.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$625.25 |
| Per Gram | C$20.10 |
| Per Kilogram | C$20,102.23 |
| Per Pennyweight (1.555g) | C$31.26 |
| Per Tola (11.66g) | C$234.47 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides