Gold Market Report
Canada Gold Market Report
Independently researched coverage of the Canada gold market, last verified Aug 31, 2026. 24K gold is currently CA$194.37 per gram.
See the live gold price page for Canada →Research coverage
4 of 4 research sections published for Canada.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in CAD.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | CA$194.37 | CA$6,045.48 | CA$2,267.05 | CA$194,366.65 |
| 22 karat (916.7) | CA$178.19 | CA$5,542.44 | CA$2,078.42 | CA$178,193.73 |
| 21 karat (875) | CA$170.09 | CA$5,290.32 | CA$1,983.87 | CA$170,087.83 |
| 18 karat (750) | CA$145.79 | CA$4,534.56 | CA$1,700.46 | CA$145,789.57 |
| 14 karat (583.3) | CA$113.39 | CA$3,526.68 | CA$1,322.51 | CA$113,385.41 |
| 10 karat (416.7) | CA$81.00 | CA$2,519.40 | CA$944.78 | CA$81,000.68 |
Trend
Last 3 months
Per gram · CAD
- Change
- +6.59%
- Low
- CA$180.25
- High
- CA$209.15
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Canada gold market
Gold hallmarking in Canada is voluntary rather than mandatory: under the Precious Metals Marking Act, administered by the Competition Bureau, a jeweller only needs to accompany a fineness mark (10K, 14K, 18K, etc.) with a registered trademark if they choose to mark the piece at all.
Read the full section on the live price page →Market notes
Canada's Excise Tax Act (subsection 123(1)) defines qualifying gold, silver and platinum as a financial instrument rather than an ordinary good, which is why investment-grade bullion -- gold and platinum bars, ingots or coins at 99.5% purity or higher, silver at 99.9% or higher -- is exempt from GST/HST.
Read the full section on the live price page →Buying gold in Canada
Jewellery is excluded from Canada's precious-metals GST/HST exemption at any karat, including 24K pieces, because jewellery is not considered investment bullion under the Excise Tax Act's definition -- so expect GST/HST on a jewellery purchase even when the metal itself is very pure, while an equivalent-purity bar or…
Read the full section on the live price page →Tax & duty notes
Qualifying investment-grade bullion -- 99.5%+ pure gold or platinum, 99.9%+ pure silver, in bar, ingot, wafer or eligible coin form -- is exempt from GST/HST in Canada under the Excise Tax Act's definition of a precious metal as a financial instrument.
Read the full section on the live price page →Sources
What the Canada research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- CanAm Bullion — Is There Sales Tax on Precious Metals in Canada?
Supports: 99.5% gold/platinum and 99.9% silver purity thresholds for GST/HST exemption, and jewellery's exclusion from it
Checked Aug 31, 2026
- Global Bullion Suppliers — How Taxes Work on Gold and Silver
Supports: Excise Tax Act subsection 123(1) definition of precious metal as a financial instrument
Checked Aug 31, 2026
Related markets
More gold markets in Americas
Canada's immediate sub-region doesn't list enough markets on its own, so this also includes other Americas countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
- investment
Gold vs Silver as an Investment
Which precious metal is right for your portfolio?
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.