TD PRECIOUS METALS GOLD PRICE โ NOVEMBER 24, 2015
๐ช TD Precious Metals โ 1 oz Gold Bar Price (CAD)
On November 24, 2015, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,530.30 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,435.30 plus a dealer premium of C$95.00 (6.62%). The gold spot price rose by +10.46 (+0.73%) compared to the previous trading day.
PRICE BREAKDOWN โ NOVEMBER 24, 2015
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,435.30 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$1,530.30 |
SPOT PRICE OHLC โ NOVEMBER 24, 2015
| Metric | Price (CAD) |
|---|---|
| Open | C$1,433.83 |
| High | C$1,442.11 |
| Low | C$1,433.83 |
| Close | C$1,435.30 |
| Change | โฒ +10.46 (+0.73%) |
COMPARE DEALERS ON NOVEMBER 24, 2015
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,500.30 | C$65.00 |
| Sprott Money | C$1,513.30 | C$78.00 |
| SilverGoldBull | C$1,490.30 | C$55.00 |
| TD Precious Metals โ | C$1,530.30 | C$95.00 |
| Royal Canadian Mint | C$1,545.30 | C$110.00 |
| Border Gold | C$1,505.30 | 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 November 24, 2015 for the full market overview.
๐ Market Analysis โ November 24, 2015
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 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.
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.
๐ก Canadian Gold Investor Guide
Portfolio Allocation: Most Canadian financial planners recommend allocating 5โ15% of a diversified portfolio to gold and precious metals. This allocation provides downside protection during equity bear markets while maintaining growth potential during inflationary periods.
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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,530.30 |
| Per Gram | C$49.20 |
| Per Kilogram | C$49,200.22 |
| Per Pennyweight (1.555g) | C$76.52 |
| Per Tola (11.66g) | C$573.86 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides