TD PRECIOUS METALS GOLD PRICE — OCTOBER 14, 2016
🏪 TD Precious Metals — 1 oz Gold Bar Price (CAD)
On October 14, 2016, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,749.38 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,654.38 plus a dealer premium of C$95.00 (5.74%). The gold spot price fell by -11.68 (-0.70%) compared to the previous trading day.
PRICE BREAKDOWN — OCTOBER 14, 2016
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,654.38 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$1,749.38 |
SPOT PRICE OHLC — OCTOBER 14, 2016
| Metric | Price (CAD) |
|---|---|
| Open | C$1,655.44 |
| High | C$1,655.44 |
| Low | C$1,651.08 |
| Close | C$1,654.38 |
| Change | ▼ -11.68 (-0.70%) |
COMPARE DEALERS ON OCTOBER 14, 2016
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,719.38 | C$65.00 |
| Sprott Money | C$1,732.38 | C$78.00 |
| SilverGoldBull | C$1,709.38 | C$55.00 |
| TD Precious Metals ✓ | C$1,749.38 | C$95.00 |
| Royal Canadian Mint | C$1,764.38 | C$110.00 |
| Border Gold | C$1,724.38 | 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 October 14, 2016 for the full market overview.
📊 Market Analysis — October 14, 2016
❓ Frequently Asked Questions
❓ 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$200–C$500 depending on the dealer.
❓ What payment methods are accepted?
Canadian gold dealers accept bank wire transfers (lowest premiums), e-Transfer/Interac, credit cards (2–3% higher premiums), and in some cases PayPal or cryptocurrency. Bank wire is recommended for orders over C$5,000.
❓ 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.
💡 Canadian Gold Investor Guide
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month — 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.
Portfolio Allocation: Most Canadian financial planners recommend allocating 5–15% 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.
⚖️ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,749.38 |
| Per Gram | C$56.24 |
| Per Kilogram | C$56,243.79 |
| Per Pennyweight (1.555g) | C$87.47 |
| Per Tola (11.66g) | C$656.02 |
📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides