Gold Rate in Canada Today (18 October 2026) — 18K, 22K (916 KDM) & 24K
Today’s prices
Today's Gold Price by Weight
| Weight | 22K (916) | 24K (999) | 18K (750) |
|---|---|---|---|
| 1 gram | CAD 183.25 | CAD 193.50 | CAD 149.90 |
| 8 grams | CAD 1,466.00 | CAD 1,548.00 | CAD 1,199.20 |
| 10 grams | CAD 1,832.50 | CAD 1,935.00 | CAD 1,499.00 |
| 1 Tola (11.664g) | CAD 2,137.43 | CAD 2,256.98 | CAD 1,748.43 |
| 100 grams | CAD 18,325.00 | CAD 19,350.00 | CAD 14,990.00 |
Disclaimer: Rates are indicative and may vary by jeweller. Making charges and local taxes may apply.
Market Analysis
Today's gold rate in Canada is CAD 183.25 per gram for 22k gold. The price has decreased by 0.41% compared to yesterday. Over the last 30 days, the highest recorded rate was CAD 185.75 on 12 October and the lowest was CAD 181.75 on 15 October. The market has shown moderate volatility of 2.20% this month.
Gold Investment Guide for Canada
Digital Gold vs Physical Gold
Taxation on Gold
Checklist Before Buying
2. Compare Making Charges across jewelers in Canada.
3. Ensure the invoice includes the HUID code for buyback assurance.
Live Gold Price Trends in Canada per Gram
As of 18 October 2026, the gold rate in Canada is CAD 193.50/gram (24K pure) and CAD 183.25/gram (22K hallmark jewelry gold). The 18K rate — popular for diamond-studded jewelry — stands at CAD 149.90/gram. Over the last 10 days, 22K gold in Canada moved between a low of CAD 181.75 and a high of CAD 185.75 per gram (0.55% change). All prices are updated 6× daily from the MCX benchmark. Rates are sourced from the MCX benchmark and IBJA daily announcements. Use our free gold calculator to plan your purchase or investment.
Canada is one of the world's top 5 gold-producing nations, with major mines in Ontario (Timmins, Red Lake), Quebec, and British Columbia. The Royal Canadian Mint produces the Canadian Maple Leaf gold coin — one of the purest and most traded gold coins globally (99.99% fine gold), alongside gold bars and collectible coins. Gold in Canada is priced in Canadian Dollars (CAD). Investment-grade gold bullion (99.5%+ purity coins and bars) is exempt from GST/HST in Canada, making physical gold tax-efficient. Major Canadian banks — TD Bank, Scotiabank (Scotia iTRADE), and BMO — offer gold certificates and gold savings accounts. The Toronto Stock Exchange (TSX) hosts multiple gold ETFs including iShares Gold Bullion ETF (CGL.C) and Sprott Physical Gold Trust (PHYS). Indian Canadians (over 1.8 million) are significant buyers of 22K jewellery, particularly in the Greater Toronto Area (Brampton, Mississauga) and Metro Vancouver's Surrey area during Diwali, Navratri, and wedding seasons.
Canada gold rate today (18 October 2026): 22K (916 KDM) CAD 183.25/g & 24K CAD 193.50/g. Updated 6× daily. 10-day trend + free calculator.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 18 October 2026 | CAD 183.25 | -CAD 0.75 (-0.41%) |
| 17 October 2026 | CAD 184.00 | +CAD 0.50 (+0.27%) |
| 16 October 2026 | CAD 183.50 | +CAD 1.75 (+0.96%) |
| 15 October 2026 | CAD 181.75 | -CAD 3.25 (-1.76%) |
| 14 October 2026 | CAD 185.00 | CAD 0.00 (+0.00%) |
| 13 October 2026 | CAD 185.00 | -CAD 0.75 (-0.40%) |
| 12 October 2026 | CAD 185.75 | CAD 0.00 (+0.00%) |
| 11 October 2026 | CAD 185.75 | CAD 0.00 (+0.00%) |
| 10 October 2026 | CAD 185.75 | +CAD 3.50 (+1.92%) |
| 09 October 2026 | CAD 182.25 | +CAD 0.50 (+0.28%) |
Gold Rate in Other Cities
FAQ
How is the gold rate in Canada determined?
The gold rate in Canada is influenced by international market prices, the USD to INR exchange rate, and local import duties. Additionally, local jewelry associations in Canada may adjust rates based on local demand and supply factors.
Is today a good time to buy gold in Canada?
Gold is a hedge against inflation. If the current live rate in Canada is lower than the 10-day average, it might be a good entry point. Always check our live 18 October 2026 prices before visiting a jeweler.
What is the difference between 22K and 24K gold in Canada?
24K gold is 99.9% pure and used for investment bars. 22K gold contains 91.6% gold mixed with other metals to make it durable enough for jewelry. The price of 24K is always higher than 22K in Canada.
Are gold rates the same across all jewelers in Canada?
While the base gold rate remains similar, the final price varies due to making charges and wastage fees, which differ from one jewelry showroom to another in Canada.
Does Canada have a specific tax on gold?
Gold purchases in Canada, like the rest of India, attract a standard 3% GST on the value of the gold and the making charges.