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24K Gold Rate in Canada Today (12 August 2026)

Today’s prices

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Updated: 12 Aug 2026, 16:09
24K Gold
+CAD 1.25 (+0.63%)
CAD 200.25 / g
10g: CAD 2,002.50

Today's Gold Price by Weight

Weight24K (999)
1 gramCAD 200.25
8 gramsCAD 1,602.00
10 gramsCAD 2,002.50
1 Tola (11.664g)CAD 2,335.72
100 gramsCAD 20,025.00

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 189.50 per gram for 22k gold. The price has increased by 0.53% compared to yesterday. Over the last 30 days, the highest recorded rate was CAD 189.50 on 12 August and the lowest was CAD 176.25 on 4 August. The market has shown high volatility of 7.52% this month.

Gold Investment Guide for Canada

Digital Gold vs Physical Gold
In Canada, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Canada.
3. Ensure the invoice includes the HUID code for buyback assurance.

24K Gold (999 Purity) Investment Prices in Canada per Gram

Today, the 24K gold rate in Canada is CAD 200.25 per gram. Referred to as 999 purity, 24K is the purest gold in Canada, ideal for investment coins and bars rather than jewelry due to its natural softness.

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.

Get the latest 24K gold price in Canada per gram. Track live 999 purity trends and investment updates for Canada today.

Trend

Trend graph
Low: CAD 186.00High: CAD 200.25
CAD 202.39CAD 197.76CAD 193.13CAD 188.49CAD 183.8603 August 202612 August 2026
DatePrice / gChange / g
12 August 2026CAD 200.25+CAD 1.25 (+0.63%)
11 August 2026CAD 199.00+CAD 0.25 (+0.13%)
10 August 2026CAD 198.75CAD 0.00 (+0.00%)
09 August 2026CAD 198.75-CAD 0.25 (-0.13%)
08 August 2026CAD 199.00+CAD 3.00 (+1.53%)
07 August 2026CAD 196.00CAD 0.00 (+0.00%)
06 August 2026CAD 196.00+CAD 7.50 (+3.98%)
05 August 2026CAD 188.50+CAD 2.25 (+1.21%)
04 August 2026CAD 186.25+CAD 0.25 (+0.13%)
03 August 2026CAD 186.00CAD 0.00 (+0.00%)

Gold Rate in Other Cities

FAQ

Why is 24K gold not used for jewelry in Canada?

24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Canada recommend 22K or 18K for durability.

Is 24K gold in Canada a good investment?

Yes, 24K gold bars and coins are the most liquid investment assets in Canada. They offer the highest resale value because there is no purity loss during melting.

What does 999 purity mean for 24K gold?

999 purity means the gold is 99.9% pure. When buying 24K gold in Canada, always look for the 999 mark to ensure you are getting investment-grade bullion.

Can I convert my 24K coins into jewelry in Canada?

Yes, you can take 24K coins to any jeweler in Canada. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.

How can I check if my 24K gold is real in Canada?

Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Canada.