Homeโ€บDealersโ€บTD Precious Metalsโ€บHistoryโ€บOctober 30, 2014

TD PRECIOUS METALS GOLD PRICE โ€” OCTOBER 30, 2014

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

C$1,435.79
Premium: C$95.00 (7.09%)

On October 30, 2014, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,435.79 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,340.79 plus a dealer premium of C$95.00 (7.09%). The gold spot price fell by -26.51 (-1.94%) compared to the previous trading day.

PRICE BREAKDOWN โ€” OCTOBER 30, 2014

ComponentPrice (CAD)
Gold Spot Price (XAU/CAD)C$1,340.79
TD Precious Metals Premium+C$95.00
TD Precious Metals 1 oz Bar PriceC$1,435.79

SPOT PRICE OHLC โ€” OCTOBER 30, 2014

MetricPrice (CAD)
OpenC$1,358.25
HighC$1,359.37
LowC$1,338.22
CloseC$1,340.79
Changeโ–ผ -26.51 (-1.94%)

COMPARE DEALERS ON OCTOBER 30, 2014

Dealer1 oz Bar (CAD)Premium
KitcoC$1,405.79C$65.00
Sprott MoneyC$1,418.79C$78.00
SilverGoldBullC$1,395.79C$55.00
TD Precious Metals โœ“C$1,435.79C$95.00
Royal Canadian MintC$1,450.79C$110.00
Border GoldC$1,410.79C$70.00
โ† October 29, 2014 ๐Ÿ“… All Dates October 31, 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 30, 2014 for the full market overview.

๐Ÿ“Š Market Analysis โ€” October 30, 2014

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. The London Bullion Market Association (LBMA) sets the benchmark gold price twice daily through electronic auction. This price, quoted in USD, is then converted to CAD using the prevailing exchange rate. Canadian dealers like Kitco update their premiums every 10โ€“30 seconds based on these spot movements.

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

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$1,435.79
Per GramC$46.16
Per KilogramC$46,161.65
Per Pennyweight (1.555g)C$71.79
Per Tola (11.66g)C$538.42

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