TD PRECIOUS METALS GOLD PRICE โ MAY 1, 2009
๐ช TD Precious Metals โ 1 oz Gold Bar Price (CAD)
On May 1, 2009, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,146.98 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,051.98 plus a dealer premium of C$95.00 (9.03%). The gold spot price fell by -11.34 (-1.07%) compared to the previous trading day.
PRICE BREAKDOWN โ MAY 1, 2009
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,051.98 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$1,146.98 |
SPOT PRICE OHLC โ MAY 1, 2009
| Metric | Price (CAD) |
|---|---|
| Open | C$1,047.72 |
| High | C$1,053.88 |
| Low | C$1,044.75 |
| Close | C$1,051.98 |
| Change | โผ -11.34 (-1.07%) |
COMPARE DEALERS ON MAY 1, 2009
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,116.98 | C$65.00 |
| Sprott Money | C$1,129.98 | C$78.00 |
| SilverGoldBull | C$1,106.98 | C$55.00 |
| TD Precious Metals โ | C$1,146.98 | C$95.00 |
| Royal Canadian Mint | C$1,161.98 | C$110.00 |
| Border Gold | C$1,121.98 | 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 1, 2009 for the full market overview.
๐ Market Analysis โ May 1, 2009
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 1โ2% 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$200โC$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 (2โ3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
๐ก Canadian Gold Investor Guide
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 โ gold rewards patient holders.
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,146.98 |
| Per Gram | C$36.88 |
| Per Kilogram | C$36,876.21 |
| Per Pennyweight (1.555g) | C$57.35 |
| Per Tola (11.66g) | C$430.12 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides