Precious metals
Gold Price in Canada
Live gold price per gram and per ounce, by karat, in CAD.
191.90 CAD
per ounce: 5,968.66 CAD · per tola: 2,238.25 CAD
| Karat | Per gram | Per ounce |
|---|---|---|
| 24K | 191.90 CAD | 5,968.66 CAD |
| 22K | 175.91 CAD | 5,471.27 CAD |
| 21K | 167.91 CAD | 5,222.58 CAD |
| 18K | 143.92 CAD | 4,476.50 CAD |
Raw metal (spot) value — shops pay less when buying and charge more when selling (premium + making charges).
Typical making charges: souk ~6–10%, branded jewellery ~15–25%. Rough estimate — negotiate!
Silver: 2.79 CAD / gram
Spot prices via gold-api.com, updated 2026-10-11 — for information only, not financial advice, and not our responsibility for any decisions made using them. Jewellers add a premium and making charges over spot, so retail prices are higher.
Gold price in Canada, explained
Gold trades globally in US dollars per troy ounce. To show the price in CAD, we convert at the live exchange rate and divide by 31.1035 grams, then adjust for karat purity. That is why the local price moves with both the gold market and the CAD exchange rate.
Need the price in another currency? Use our currency converter.
Gold in Canada: the local market
Canada's Maple Leaf — the first widely available 9999-fine (24K) coin — anchors the investment market, while jewelry runs 14K and 18K.
Investment-grade bullion (99.5%+ purity) is exempt from GST/HST, so coins and bars trade close to spot plus a small dealer premium.
Local units & today’s value in CAD
| Unit | 24K | 18K (local standard) |
|---|---|---|
| 1 gram | 192 CAD | 144 CAD |
| 1 troy ounce(31.1035 g) | 5,969 CAD | 4,476 CAD |
Spot value only — local shops add making charges and any taxes. Prices as of 2026-10-11.
How a Canadian dealer quote is built
Canadian dealers quote Maple Leafs and Royal Canadian Mint bars at a premium over the US-dollar spot price converted to Canadian dollars; the premium is a few percent on one-ounce coins and less on larger bars. Investment bullion of 99.5% purity or higher is exempt from GST and HST, which is why Canadians buy 24K coins and bars rather than 22K coins from abroad.
Jewellery is stamped in karats — 10K is legally the minimum that can be called gold in Canada, and 14K is the everyday standard — so most Canadian jewellery contains well under 60% gold.
Selling gold in Canada
Bullion sells back to dealers at a small discount to spot; jewellery to refiners at melt value less a margin. Gold is a capital property for tax purposes, so half of any gain on sale is taxable as income in the year of sale, and losses can offset other capital gains.
Zakat nisab in CAD today
The gold nisab — the minimum wealth at which zakat becomes due — is 85 grams of pure gold. At today’s spot price that is about 16,311 CAD. If your zakatable wealth is above this, work out what you owe with our zakat calculator (live nisab, gold or silver method).
Gold price in other countries
Frequently asked questions
What is the gold price per gram in Canada today?+
This page shows the live 24K gold price per gram in CAD, along with 22K, 21K and 18K. It is the international spot price converted to CAD and divided per gram, updated hourly.
Why is the jeweller's price in Canada higher than this?+
This is the raw metal (spot) value. Shops add a premium plus making charges, and local taxes may apply, so the retail price is higher than spot.
Which karat is most common in Canada?+
18K (75.0% pure) is the karat most commonly traded in Canada. 24K is pure gold; lower karats mix in alloy and cost proportionally less per gram. Note: Investment bullion (99.5%+) is GST/HST-exempt.