Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บApril 5, 2006

TD PRECIOUS METALS GOLD PRICE โ€” APRIL 5, 2006

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

C$778.02
Premium: C$95.00 (13.91%)

On April 5, 2006, a 1 oz Gold Bar from TD Precious Metals was priced at C$778.02 per troy ounce in Canadian Dollars. This included the CAD spot price of C$683.02 plus a dealer premium of C$95.00 (13.91%). The gold spot price rose by +1.33 (+0.20%) compared to the previous trading day.

PRICE BREAKDOWN โ€” APRIL 5, 2006

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$683.02
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$778.02

SPOT PRICE OHLC โ€” APRIL 5, 2006

MetricPrice (CAD)
OpenC$681.98
HighC$686.39
LowC$676.86
CloseC$683.02
Changeโ–ฒ +1.33 (+0.20%)

COMPARE DEALERS ON APRIL 5, 2006

Dealer1 oz Bar (CAD)Premium
KitcoC$748.02C$65.00
Sprott MoneyC$761.02C$78.00
SilverGoldBullC$738.02C$55.00
TD Precious Metals โœ“C$778.02C$95.00
Royal Canadian MintC$793.02C$110.00
Border GoldC$753.02C$70.00
โ† April 4, 2006 ๐Ÿ“… All Dates April 6, 2006 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 April 5, 2006 for the full market overview.

๐Ÿ“Š Market Analysis โ€” April 5, 2006

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

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 โ€” 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%.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$778.02
Per GramC$25.01
Per KilogramC$25,013.89
Per Pennyweight (1.555g)C$38.90
Per Tola (11.66g)C$291.76

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