Gold Buying Guide in Canada
Everything you need to know to buy gold smartly and safely in Canada.
Understanding Gold Purity (Karats)
When buying gold in Toronto, Vancouver or anywhere in Canada, understanding karats is essential. 24K is pure gold (999.9), while 22K and 18K are commonly mixed with other metals for durability in jewelry manufacturing.
Tips for Buying from Canadian Dealers
Always check the gold rate per gram on this page before entering retail shops. Major Canadian dealers like Kitco (Montreal), Silver Gold Bull (Alberta), TD Precious Metals and the Royal Canadian Mint (Ottawa) publish transparent pricing. Keep in mind that retail prices include making charges, which vary by design and craftsmanship.
Taxes: What Is Exempt and What Is Not
In Canada, investment-grade gold (bars, wafers and coins of 99.5% purity or higher) is GST/HST-exempt nationwide. Jewellery and lower-purity items are taxed: 5% GST in Alberta and the territories, 12% in British Columbia (5% GST + 7% PST), 13% HST in Ontario, and 14.975% in Quebec (GST + QST).