TD PRECIOUS METALS GOLD PRICE β OCTOBER 15, 2021
πͺ TD Precious Metals β 1 oz Gold Bar Price (CAD)
On October 15, 2021, a 1 oz Gold Bar from TD Precious Metals was priced at C$2,281.84 per troy ounce in Canadian Dollars. This included the CAD spot price of C$2,186.84 plus a dealer premium of C$95.00 (4.34%). The gold spot price fell by -47.68 (-2.13%) compared to the previous trading day.
PRICE BREAKDOWN β OCTOBER 15, 2021
| Component | Price (CAD) |
|---|---|
| Gold Spot Price (XAU/CAD) | C$2,186.84 |
| TD Precious Metals Premium | +C$95.00 |
| TD Precious Metals 1 oz Bar Price | C$2,281.84 |
SPOT PRICE OHLC β OCTOBER 15, 2021
| Metric | Price (CAD) |
|---|---|
| Open | C$2,220.62 |
| High | C$2,221.74 |
| Low | C$2,186.10 |
| Close | C$2,186.84 |
| Change | βΌ -47.68 (-2.13%) |
COMPARE DEALERS ON OCTOBER 15, 2021
| Dealer | 1 oz Bar (CAD) | Premium |
|---|---|---|
| Kitco | C$2,251.84 | C$65.00 |
| Sprott Money | C$2,264.84 | C$78.00 |
| SilverGoldBull | C$2,241.84 | C$55.00 |
| TD Precious Metals β | C$2,281.84 | C$95.00 |
| Royal Canadian Mint | C$2,296.84 | C$110.00 |
| Border Gold | C$2,256.84 | 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 15, 2021 for the full market overview.
π Market Analysis β October 15, 2021
β Frequently Asked Questions
β 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.
β 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 1β3% below spot price depending on product type and market conditions.
β 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 1β2% lower premiums than credit card purchases. Larger orders (10+ oz) may qualify for volume discounts from most Canadian dealers.
π‘ Canadian Gold Investor Guide
Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.
Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month β 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.
βοΈ Unit Conversions (CAD)
| Unit | Price (CAD) |
|---|---|
| Per Troy Ounce (31.1g) | C$2,281.84 |
| Per Gram | C$73.36 |
| Per Kilogram | C$73,362.75 |
| Per Pennyweight (1.555g) | C$114.09 |
| Per Tola (11.66g) | C$855.69 |
π Learn more: How to Buy Gold in Canada Β· Gold Tax Guide Β· 25 Year Price Analysis Β· All Guides