Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บOctober 28, 2014

TD PRECIOUS METALS GOLD PRICE โ€” OCTOBER 28, 2014

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

C$1,477.60
Premium: C$95.00 (6.87%)

On October 28, 2014, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,477.60 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,382.60 plus a dealer premium of C$95.00 (6.87%). The gold spot price rose by +1.34 (+0.10%) compared to the previous trading day.

PRICE BREAKDOWN โ€” OCTOBER 28, 2014

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,382.60
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$1,477.60

SPOT PRICE OHLC โ€” OCTOBER 28, 2014

MetricPrice (CAD)
OpenC$1,377.77
HighC$1,384.63
LowC$1,377.54
CloseC$1,382.60
Changeโ–ฒ +1.34 (+0.10%)

COMPARE DEALERS ON OCTOBER 28, 2014

Dealer1 oz Bar (CAD)Premium
KitcoC$1,447.60C$65.00
Sprott MoneyC$1,460.60C$78.00
SilverGoldBullC$1,437.60C$55.00
TD Precious Metals โœ“C$1,477.60C$95.00
Royal Canadian MintC$1,492.60C$110.00
Border GoldC$1,452.60C$70.00
โ† October 27, 2014 ๐Ÿ“… All Dates October 29, 2014 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 October 28, 2014 for the full market overview.

๐Ÿ“Š Market Analysis โ€” October 28, 2014

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. Central banks worldwide purchased over 1,000 tonnes of gold annually in 2023โ€“2025, led by China, India, and Turkey. This institutional buying has provided a structural floor under gold prices. Canada is unique among G7 nations in holding zero gold reserves since 2016, making private gold ownership more significant for national wealth preservation.

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

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%.

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.

โš–๏ธ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$1,477.60
Per GramC$47.51
Per KilogramC$47,505.87
Per Pennyweight (1.555g)C$73.88
Per Tola (11.66g)C$554.10

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