Gold Price in Canada Today
Gold is at $5,563.07 per troy ounce in Canadian dollars, or $178.86 per gram, based on the latest spot price from GoldAPI.io. The spot price is the same across Canada, including Toronto; dealers set their own prices around it.
Gold per troy ounce (CAD)
$5,563.07
Gold per gram (CAD)
$178.86
Per kilogram
$178,856.85
At a glance
- Gold price CAD per troy ounce
- $5,563.07
- Gold per gram (24K)
- $178.86One troy ounce is 31.1035 grams.
- Gold per kilogram
- $178,856.85
- Gold per tola
- $2,086.15One tola is 11.66 grams.
- Per gram by karat
-
24K $178.86 · 22K $163.95
18K $134.14 · 14K $104.33 · 10K $74.52 - US dollar to Canadian dollar
- 1.4255Bank of Canada daily rate. About US$3,902.54 per ounce.
- Last update
- Checked every 4 hours on weekdays. Weekend prices are the Friday close.
Gold price chart in Canadian dollars
The chart shows gold priced in Canadian dollars over the past year. Use the buttons at the bottom of the chart to switch to shorter or longer periods.
Chart: XAUCAD on TradingView. The chart is a separate data source and can differ slightly from the price above.
Gold rate in Canada today by karat
Karat measures how much of an item is pure gold, out of 24 parts. A 14K ring is 14 parts gold and 10 parts other metals, so its gold is worth 14/24 of the pure gold price.
24 karat gold rate in Canada today
Pure 24 karat gold is $178.86 per gram and $5,563.07 per troy ounce. 22 carat gold, common in South Asian jewelry, is $163.95 per gram.
| Karat | Gold content | Per gram | Per troy ounce |
|---|---|---|---|
| 24K | 100.0% | $178.86 | $5,563.07 |
| 22K | 91.7% | $163.95 | $5,099.48 |
| 18K | 75.0% | $134.14 | $4,172.30 |
| 14K | 58.3% | $104.33 | $3,245.12 |
| 10K | 41.7% | $74.52 | $2,317.95 |
To value a specific ring, chain or coin, enter its weight and karat in the scrap gold calculator.
Gold price by weight
Values for pure (24K) gold at the current spot price. For jewelry, use the karat table above.
| Amount | Price (CAD) |
|---|---|
| 1 gram | $178.86 |
| 2 grams | $357.71 |
| 5 grams | $894.28 |
| 10 grams | $1,788.57 |
| 1 tola (11.66 g) | $2,086.15 |
| 20 grams | $3,577.14 |
| 1 ounce gold price in Canada (31.10 g) | $5,563.07 |
| 50 grams | $8,942.84 |
| 100 grams | $17,885.69 |
| 1 kilogram | $178,856.85 |
Why the gold price in Canada differs from the US price
Gold trades worldwide in US dollars per troy ounce. The price of gold in Canada is that US dollar price converted at the current exchange rate, so it moves with two things: the gold market and the Canadian dollar.
When the Canadian dollar weakens against the US dollar, gold costs more in Canadian dollars even if the US price has not moved. When the Canadian dollar strengthens, the reverse happens. At the latest Bank of Canada rate, US$1 buys 1.4255 Canadian dollars. This is why a CAD gold chart and a USD gold chart can move in different directions on the same day.
Gold price history in Canada
For past prices, use the gold price chart above: switch its range to 1 year, 5 years or all available data to see how gold has moved in Canadian dollars. Long-run changes in the Canadian price reflect both the US dollar gold price and the exchange rate, so the CAD history can differ from US charts over the same period.
We record a daily price from the same feed shown on this page and will publish that record once it covers a useful period.
How karat purity works out the price
To get the value of the gold in any item, multiply the pure gold price per gram by the karat divided by 24, then by the weight in grams.
Example at the current price: 14K is 14 ÷ 24 = 58.3% gold. A 14K item weighing 10 grams contains $1,043.33 worth of gold at spot.
Jewelry is often stamped with its purity in parts per thousand: 916 for 22K, 750 for 18K, 585 for 14K and 417 for 10K. Those stamps can differ slightly from the exact karat fraction (14K works out to 583, not 585), and this page uses the karat fraction. The figures cover the gold content only, not stones or craftsmanship.
Spot price vs dealer buy and sell prices
The spot price is the current market value of pure gold in large wholesale trades. Individuals almost never buy or sell at exactly that number.
- Buying coins or bars: you pay spot plus a premium that covers minting, shipping, insurance and the dealer's margin. Small items usually carry a higher premium per gram than large bars.
- Selling: a dealer pays below spot. Scrap jewelry gets the lowest offers because it has to be tested and refined; recognized bullion coins and bars get closer to spot.
Premiums and discounts vary by product, size and dealer. Ask for a written quote and compare it with the spot value on this page.
Is there GST/HST on gold in Canada?
Investment gold is generally exempt. Under the Excise Tax Act, gold bars, ingots, coins and wafers refined to at least 99.5% purity count as "precious metal", and their sale is treated as a financial service that is generally exempt from GST/HST (the refiner's first sale is zero-rated). Bars and wafers must be accepted for trading on Canadian financial markets, and coins must be issued by a government and usable as currency.
Gold below 99.5% purity, including karat jewelry, is generally taxable. Source: CRA GST/HST Memorandum 17-1, paragraphs 29 to 36. This is general information, not tax advice.
Common questions
How is the gold price determined?
Gold trades almost around the clock between banks, dealers and futures exchanges, and the spot price is the latest price at which large amounts of pure gold change hands, quoted in US dollars per troy ounce. The LBMA Gold Price, a separate benchmark, is set twice each London business day. The Canadian price is the spot price converted into Canadian dollars.
Why is gold going up or down today?
Day-to-day moves usually come from changes in interest rate expectations, the strength of the US dollar, central bank buying, and demand for safe assets during economic or political stress. In Canadian dollars, a move in the exchange rate can add to or offset the change in the US price.
Is the gold price in Toronto different from the rest of Canada?
No. The spot price is the same anywhere in Canada. Dealers in Toronto, Vancouver, Calgary or Montreal set their own buy and sell prices around it, so quotes differ from shop to shop rather than city to city.
Is selling gold taxable in Canada?
Selling investment-grade bullion does not involve GST/HST, but a profit can be taxable. The CRA treats a gain on gold or silver as either a capital gain or business income, depending on the facts, such as how often you buy and sell. For a capital gain, half of the gain is added to your taxable income; the 2024 proposal to raise that share was cancelled in March 2025. The CRA counts jewelry and coins as listed personal property: if both what you paid and what you sold for are $1,000 or less, there is no gain to report. Source: CRA guide T4037, Capital Gains. This is general information, not tax advice.
Where can I buy gold in Canada?
Bullion dealers, some banks and precious metals retailers sell gold bars and coins, both in person and online. Compare the total price per gram or ounce against the spot price on this page, check the buyback policy, and confirm that bars and coins come from a recognized refiner or mint.
How often is this gold price updated?
The page checks for a new spot price every 4 hours on weekdays and shows the time of the last update in Eastern Time. Spot gold trades around the clock from Sunday evening to Friday afternoon (Eastern Time) and pauses over the weekend, so the Saturday and Sunday price is the Friday close.