Gold Rate In Canada Today (1 Gram, Tola & Ounce Prices)

 Updated On: October 4, 2024

As of October 4, 2024, the gold rate in Canada is CAD 115.69 per gram for 24k gold, CAD 3,598.36 per ounce, and per tola for 24k gold is CAD 1,349.39. Gold Price In Canada depends upon several factors including demand and supply, Microeconomic Factors, Geopolitical Events, and Market Sentiments. These factors not just affect gold prices in Canada but also in other countries as well. Due to these reasons prices of gold rise or fall.

Gold Rate In Canada Today On Friday 04 Oct, 2024

• Gold rate per Tola in Canada today is CAD 1,349.41 on Friday 04 Oct, 2024 .
• 1 gram of 24k Gold was being sold at CAD 115.69 and 10 grams of 24K Gold were being traded for CAD 1,156.90.
• A single ounce of 24 Karat Gold was trading at CAD 3,598.36 .

Gold Rate Per Tola In Canada Today

Gold Rate Per Gram In Canada Today

The gold rate per gram in Canada today is 115.69 CAD for 24 Karat, 106.05 CAD for 22 Karat, 101.23 CAD for 21 Karat. You can further check a detailed table given below for each karat separately along with how much change in gold prices today. These tables are updated on a daily basis and getting prices from reliable sources.

24k Per Gram Today In Canada

The 24k Per Gram in Canada today is 115.69 CAD (1 gram 24k today) and it was 115.53 CAD (1 gram 24k yesterday). So the change in 24k per gram is approximately 0.16 CAD. You can furhter check in below table for 8g, 10g, 50g and 100g.

22k Per Gram Today In Canada

The 22k Per Gram in Canada today is 106.05 CAD (1 gram 22k today) and it was 105.91 CAD (1 gram 22k yesterday). So the change in 22k per gram is approximately 0.15 CAD. You can furhter check in below table for 8g, 10g, 50g and 100g.

21k Per Gram Today In Canada

The 21k Per Gram in Canada today is 101.23 CAD (1 gram 21k today) and it was 101.09 CAD (1 gram 21k yesterday). So the change in 21k per gram is approximately 0.14 CAD. You can furhter check in below table for 8g, 10g, 50g and 100g.

18k Per Gram Today In Canada

The 18k Per Gram in Canada today is 86.77 CAD (1 gram 18k today) and it was 86.65 CAD (1 gram 18k yesterday). So the change in 18k per gram is approximately 0.12 CAD. You can furhter check in below table for 8g, 10g, 50g and 100g.

How much is my gold worth in Canada?

Here we have a calculator that can help you to find gold prices for Ounce, Gram, Kilo, Penny Weight, Tola, Tael, Bhat, Bhori, Ratti and Masha. Apart from that you can set purity level as well according to your need.

Gold Prices Today In Major Cities Of Canada

The below-given table shows gold prices in different cities of Canada. You can check Tola, Gram, Ounce & Kilogram rates in major cities of Canada by clicking on the buttons given below.

Historical Graph For The Gold Rate In Canada

Note: The above gold prices in Canada didn’t include GST, TCS or other tax. The price shown on our site might be slightly different from the price of gold in the local market of Canada. So before buying gold be sure that you have visited or researched both local and online markets.

Where Can I Buy Gold In Canada?

There are no limited options available to buy gold in Canada. But having the fact that there are a lot more options you have while purchasing gold in Canada. Below we share complete information about where to buy and what factors you must have to consider while buying gold.

Bullion Dealers

These bullion dealers are famous for buying and selling of precious metals including the gold. They are offering a wide range of gold products like gold bars, gold coins and gold rounds. There are several reputable bullion dealers and among them Kitco, ScotiaMocatta , and Canadian Bullion Services are tried and tested by our team. These famous dealers have both online platforms along with the physical location in the major cities of Canada as well. If you have any doubt on online platforms visit their physical branches to buy gold.

Banks

Major Canadian banks offer gold bullions products for sale. You may visit your local bank branch or get information from their website about their available options. Typically banks offer gold bars and they have different weight options and you have to choose weight from the available options. The banks that offer gold bullion in Canada are Royal Bank of Canada (RBC), Bank of Montreal (BMO), and Scotiabank.

Coin Shops

Coin shops are another way for buying gold in Canada. These shops provide rare coins but they also offer gold bullions products as well. These shops have physical stores where you can visit and examine the gold products before making a purchase. Also, these coin shops have knowledgeable staff who will guide you and answer your queries/questions you may have about buying gold.

Online Marketplaces

Online marketplaces like ebay provide you the best platform to buy gold from various sellers. While buying gold on ebay or any other online marketplace it’s important to research the seller’s reputation and positive reviews from the previous buyers. While buying make sure you have research completely about the positive feedback and successful online transactions.

Gold ETFs & Funds

If you are planning to invest in gold without physically owning it, you can consider gold Exchange- Traded funds (ETFs) or gold mutual funds. There are some popular gold ETFs in Canada include the iShares Gold Bullion ETF(CGL) and the BMO Equal Weight Global Gold Index ETF (ZGD)

Important Factors To Consider While Purchasing Gold In Canada

• Always stay informed about the current gold market prices in order to get a fair deal.
• Verify the reputation & credibility of the seller to prevent any fraud.
• Understand the product you have planned to buy, including its purity, weight, taxes, shipping fee.

Is Gold A Good Investment In Canada?

Whether gold is a good investment in Canada or any other country depends upon several factors. These factors are almost similar in any country to determine that either gold could be beneficial for us or not. Gold has been considered a hedge against inflation for centuries.

Basically gold is considered a safe haven asset, meaning that it will hold its value or the value of gold will increase during times of economic or political uncertainty.

That’s why it is a good option for investors who are looking to diversify their portfolios and want to protect their wealth from market volatility.

However, keep in mind that gold is a relatively illiquid asset, meaning that it can be difficult to sell quickly if you need cash in urgency.

Additionally, if you buy gold at the wrong time without considering the online and local markets it has chances that you will lose your money.

Overall, gold is a good investment for Canadian investors, but before investing in gold make sure you have properly researched & understand the risk involved in buying gold. Below are those factors you must have to consider before investing in gold.

• Your Investment Goals: What are your goals of investing your money in buying gold . Either you want to protect your wealth or want to make an asset with the potential of  high returns.
• Your Risk Tolerance: How much you are comfortable with the chances of losing money on your investment.
•  Investment Horizon: For how long do you plan to hold your investment?.
• Overall Investment Portfolio: How much of your total wealth do you want to allocate to gold?

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Check Gold Prices In Other Countries:

Here below table show the Gram, Tola, and Ounce rates in other countries. You can check in detail by visiting/clicking on the link. Below the table just shows the Today, Yesterday and how much change in 2 days in gold prices.