TD PRECIOUS METALS GOLD PRICE โ JUNE 25, 2019
๐ช TD Precious Metals โ 1 oz Gold Bar Price (CAD)
On June 25, 2019, a 1 oz Gold Bar from TD Precious Metals was priced at C$1,959.98 per troy ounce in Canadian Dollars. This included the CAD spot price of C$1,864.98 plus a dealer premium of C$95.00 (5.09%). The gold spot price fell by -1.95 (-0.10%) compared to the previous trading day.
PRICE BREAKDOWN โ JUNE 25, 2019
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$1,864.98 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$1,959.98 |
SPOT PRICE OHLC โ JUNE 25, 2019
| Metric | Price (CAD) |
|---|---|
| Open | C$1,869.20 |
| High | C$1,889.23 |
| Low | C$1,864.98 |
| Close | C$1,864.98 |
| Change | โผ -1.95 (-0.10%) |
COMPARE DEALERS ON JUNE 25, 2019
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$1,929.98 | C$65.00 |
| Sprott Money | C$1,942.98 | C$78.00 |
| SilverGoldBull | C$1,919.98 | C$55.00 |
| TD Precious Metals โ | C$1,959.98 | C$95.00 |
| Royal Canadian Mint | C$1,974.98 | C$110.00 |
| Border Gold | C$1,934.98 | 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 June 25, 2019 for the full market overview.
๐ Market Analysis โ June 25, 2019
โ Frequently Asked Questions
โ 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.
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.
๐ก Canadian Gold Investor Guide
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.
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.
โ๏ธ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$1,959.98 |
| Per Gram | C$63.01 |
| Per Kilogram | C$63,014.73 |
| Per Pennyweight (1.555g) | C$98.00 |
| Per Tola (11.66g) | C$734.99 |
๐ Learn more: How to Buy Gold in Canada ยท Gold Tax Guide ยท 25 Year Price Analysis ยท All Guides