TD PRECIOUS METALS GOLD PRICE โ APRIL 14, 2011
๐ช TD Precious Metals โ 1 oz Gold Bar Price (CAD)
On April 14, 2011, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,511.66 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,416.66 plus a dealer premium of C$95.00 (6.71%). The gold spot price rose by +16.90 (+1.21%) compared to the previous trading day.
PRICE BREAKDOWN โ APRIL 14, 2011
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,416.66 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$1,511.66 |
SPOT PRICE OHLC โ APRIL 14, 2011
| Metric | Price (CAD) |
|---|---|
| Open | C$1,402.32 |
| High | C$1,420.80 |
| Low | C$1,398.37 |
| Close | C$1,416.66 |
| Change | โฒ +16.90 (+1.21%) |
COMPARE DEALERS ON APRIL 14, 2011
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,481.66 | C$65.00 |
| Sprott Money | C$1,494.66 | C$78.00 |
| SilverGoldBull | C$1,471.66 | C$55.00 |
| TD Precious Metals โ | C$1,511.66 | C$95.00 |
| Royal Canadian Mint | C$1,526.66 | C$110.00 |
| Border Gold | C$1,486.66 | 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 April 14, 2011 for the full market overview.
๐ Market Analysis โ April 14, 2011
โ Frequently Asked Questions
โ 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.
โ 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 1โ3% below spot price depending on product type and market conditions.
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.
๐ก 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%.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,511.66 |
| Per Gram | C$48.60 |
| Per Kilogram | C$48,600.93 |
| Per Pennyweight (1.555g) | C$75.58 |
| Per Tola (11.66g) | C$566.87 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides