About this tool
Gold price today in Canada, and what it means for the gold you own
Fair Gold Price shows the live gold price in Canadian dollars and turns it into a dollar value for the ring, chain, coin or bar in your hand.
What is the gold price today in Canada?
The gold price today is — per troy ounce in Canadian dollars. That is— per gram. The 1 kg gold price is—.
This is the gold spot price: the price of pure 24K gold, right now. It is the same in every province.
How we get the price in Canadian dollars
Gold trades in US dollars. We take the live US-dollar spot price and multiply it by the Bank of Canada’s latest daily US-dollar exchange rate. The rate and its date are shown next to the price.
The Bank of Canada sets that rate once each business day. So the gold price here moves every minute, and the exchange rate moves once a day. A dealer’s own Canadian price can differ a little. If either number is missing, you see a dash, never a guess.
Gold price per gram for 10K, 14K and 18K
Most jewellery is not pure gold. Karat tells you how much gold is in it, out of 24 parts.
- 10K is 41.7% gold: — per gram
- 14K is 58.3% gold: — per gram
- 18K is 75% gold: — per gram
- 22K is 91.7% gold: — per gram
- 24K is pure gold: — per gram
Some pieces have a number stamp instead. 417 means 10K, 585 means 14K and 750 means 18K. Seepurity and hallmarks for the full list.
How the scrap gold calculator works
- Choose gold or silver.
- Choose what is stamped on it.
- Type the weight, in grams if you can.
It multiplies the weight by the purity by the live price. The answer is the melt value: what the metal inside your item is worth today. You can see each step of the math. The calculator is free and needs no account. We do not buy gold.
What a buyer really pays
A shop pays less than the melt value. It has to test the gold, melt or resell it, and make a profit. Buyers usually pay 60% to 85% of melt value. Do you have an offer already? Type it into the calculator to see how it compares.
Sales tax when you buy gold in Canada
Jewellery is taxed like most other goods: GST or HST, plus provincial sales tax in British Columbia, Saskatchewan, Manitoba and Quebec. Switch the calculator to “I’m buying”, choose your province or type your postal code, and it adds the tax.
Investment bullion is different. Bars, ingots, wafers and coins of gold or platinum at least 99.5% pure, or silver at least 99.9% pure, carry no GST/HST. A 14K or 22K item does not qualify.How tax works when you buy or sell.
Before you sell
- Weigh your gold yourself first.
- Get the offer in writing.
- Compare at least two buyers.
Melt value is an estimate. It is not an offer or an appraisal. Old coins and antique jewellery can be worth more than the gold in them, so ask a specialist before you sell those for scrap.