Gold Price Today in Canada
Live gold spot price in Canadian dollars per troy ounce, gram, and kilogram. Updated daily with market analysis, historical context, and expert insights for Canadian gold investors and consumers.
📊 Updated daily · Next update: August 9, 2026
Gold Price in CAD by Weight
| Weight | 24K (99.9%) | 22K (91.6%) | 18K (75%) | 14K (58.3%) | 10K (41.7%) |
|---|---|---|---|---|---|
| 1 Gram | C$194.58 | C$178.24 | C$145.94 | C$113.44 | C$81.14 |
| 5 Grams | C$972.91 | C$891.19 | C$729.69 | C$567.21 | C$405.71 |
| 10 Grams | C$1,945.83 | C$1,782.38 | C$1,459.37 | C$1,134.42 | C$811.41 |
| 1 Troy Ounce | C$6,052.21 | C$5,543.82 | C$4,539.16 | C$3,528.44 | C$2,523.77 |
| 1 Tola (11.66g) | C$2,269.58 | C$2,078.93 | C$1,702.18 | C$1,323.16 | C$946.41 |
| 1 Kilogram | C$194,582.79 | C$178,237.83 | C$145,937.09 | C$113,441.77 | C$81,141.02 |
Canadian Gold Market Overview
🇨🇦 Gold in Canada
Canada is one of the world's top gold producers, ranking 4th globally with major mining operations in Ontario, Quebec, and British Columbia. The Royal Canadian Mint produces the iconic Gold Maple Leaf coin — one of the world's purest gold bullion coins at .9999 fine. Canadian gold prices in CAD are influenced by both the global USD gold price and the USD/CAD exchange rate.
Canadian investors benefit from a robust precious metals market with authorized dealers nationwide, strong mining sector ETFs on the TSX, and the ability to hold physical gold in Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs).
📊 Key Market Factors for CAD Gold
USD/CAD Exchange Rate: A weaker Canadian dollar increases the CAD gold price even if USD gold is stable. The "loonie" is heavily influenced by oil prices and Bank of Canada policy.
Bank of Canada Rates: BoC interest rate decisions impact gold's appeal. Rate cuts typically support higher gold prices in CAD.
Canadian Mining Output: As a top gold producer, Canadian mine supply affects regional premiums and availability. Major producers include Barrick Gold, Agnico Eagle, and Kinross.
Oil Prices: Canada's resource-based economy links CAD to oil. Higher oil often strengthens CAD, potentially moderating CAD gold price increases.
How to Buy Gold in Canada
🏦 Authorized Dealers
Purchase from reputable Canadian dealers like Kitco, Canadian Bullion Services, and Silver Gold Bull. The Royal Canadian Mint also sells directly. Compare premiums and check for RCM authorization.
🍁 Royal Canadian Mint
Gold Maple Leafs are Canada's flagship bullion coin — .9999 pure gold, recognized globally. Available in 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz sizes. RCM products carry high trust and liquidity.
📈 TSX Gold ETFs
Trade gold on the Toronto Stock Exchange through ETFs like iShares Gold Bullion ETF (CGL), Purpose Gold Bullion Fund (KILO), and SPDR Gold Shares (GLD). RRSP and TFSA eligible.
Canadian Gold Price History
| Year | Avg Price (CAD/oz) | Key Canadian Event |
|---|---|---|
| 2000 | C$410 | Weak CAD; gold bull market begins |
| 2008 | C$925 | Financial crisis; CAD parity with USD |
| 2011 | C$1,560 | Gold peaks; CAD near parity |
| 2015 | C$1,490 | Oil crash weakens CAD; gold stable in USD |
| 2020 | C$2,420 | COVID pandemic; record gold in CAD |
| 2024 | C$2,700+ | Rate cut expectations; geopolitical tensions |
Frequently Asked Questions About Canadian Gold Prices
As of August 8, 2026, gold is trading at C$6,052.21 per troy ounce in Canada. This is the spot price for 24K pure gold in Canadian dollars. Prices update daily based on global markets and USD/CAD exchange rates.
Gold is globally priced in USD. The CAD price reflects the USD gold price multiplied by the USD/CAD exchange rate. When the Canadian dollar weakens against the US dollar, CAD gold prices rise even if USD gold is stable.
Yes. Physical gold bullion (bars and coins from RCM and other approved refiners) can be held in RRSPs. Gold ETFs trade on the TSX and are eligible for both RRSPs and TFSAs. The Gold Maple Leaf is specifically approved for registered accounts.
GST/HST applies to gold purchases in most provinces. However, pure gold bullion (99.5%+ fine) is GST/HST exempt. Capital gains tax applies when selling at a profit — 50% of the gain is taxable at your marginal rate. Gold in RRSPs/TFSAs grows tax-sheltered.
Kitco (Montreal-based), Canadian Bullion Services, Silver Gold Bull, TD Bank (limited), and the Royal Canadian Mint directly. Local coin shops exist in major cities. Always verify dealer credentials and compare premiums before purchasing.
BoC interest rate decisions directly impact the CAD and gold appeal. Rate cuts typically weaken CAD and boost gold's attractiveness. The BoC's inflation targets and monetary policy stance are key drivers for Canadian gold investors.
The Royal Canadian Mint is a Crown corporation that produces all of Canada's circulation and bullion coins. Its Gold Maple Leaf coin is world-renowned for .9999 purity. The RCM also operates one of the world's largest gold refineries.
Our Canadian gold price updates once daily via GoldAPI.io with server-side caching. The price shown reflects the latest available market data in CAD.