Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บSeptember 28, 2012

TD PRECIOUS METALS GOLD PRICE โ€” SEPTEMBER 28, 2012

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

C$1,831.92
Premium: C$95.00 (5.47%)

On September 28, 2012, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,831.92 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,736.92 plus a dealer premium of C$95.00 (5.47%). The gold spot price fell by -12.59 (-0.72%) compared to the previous trading day.

PRICE BREAKDOWN โ€” SEPTEMBER 28, 2012

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,736.92
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$1,831.92

SPOT PRICE OHLC โ€” SEPTEMBER 28, 2012

MetricPrice (CAD)
OpenC$1,742.51
HighC$1,747.80
LowC$1,733.39
CloseC$1,736.92
Changeโ–ผ -12.59 (-0.72%)

COMPARE DEALERS ON SEPTEMBER 28, 2012

Dealer1 oz Bar (CAD)Premium
KitcoC$1,801.92C$65.00
Sprott MoneyC$1,814.92C$78.00
SilverGoldBullC$1,791.92C$55.00
TD Precious Metals โœ“C$1,831.92C$95.00
Royal Canadian MintC$1,846.92C$110.00
Border GoldC$1,806.92C$70.00
โ† September 27, 2012 ๐Ÿ“… All Dates October 1, 2012 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 September 28, 2012 for the full market overview.

๐Ÿ“Š Market Analysis โ€” September 28, 2012

The precious metals market in Canada is influenced by multiple factors including global supply and demand, mining production costs, central bank reserves management, and macroeconomic indicators such as GDP growth, unemployment rates, and consumer price inflation. Gold's role as a portfolio diversifier is supported by its low correlation with equities. During the 2008 financial crisis and the 2020 COVID crash, gold provided positive returns when stock markets fell 30โ€“50%. A 10% gold allocation has historically reduced portfolio volatility while maintaining competitive long-term returns.

โ“ Frequently Asked Questions

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 1โ€“3% 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 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.

๐Ÿ’ก Canadian Gold Investor Guide

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.

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month โ€” 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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,831.92
Per GramC$58.90
Per KilogramC$58,897.51
Per Pennyweight (1.555g)C$91.60
Per Tola (11.66g)C$686.97

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