Tax in Yukon
Sales tax when you buy gold in Yukon
Gold jewellery in Yukon carries 5% GST. On a $1,000.00 ring that is $50.00 of tax, for a total of $1,050.00. The rate is the same in every city and town in Yukon.
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. This is the federal rule, so it applies in Yukon too (Canada Revenue Agency, GST/HST Memorandum 17-1). A Gold Maple Leaf coin qualifies. A 14K chain or a 22K coin does not.
Yukon has no sales tax of its own, so bullion that is free of GST carries no sales tax at all.
Tax when you sell gold in Yukon
You do not charge sales tax when you sell your own jewellery or coins. If you sell for more than you paid, the profit can be a capital gain, and half of a capital gain is added to your income. For jewellery and coins, a sale of $1,000 or less usually leaves nothing to report.How tax on selling works.
Gold prices in Yukon cities
Tax rates were checked on Oct 7, 2026; see the Canada Revenue Agency for the current ones. The federal GST is 5%. This is general information, not tax advice.