Gold price per troy ounce in Toronto
On November 5, 2026, one troy ounce of 24K gold in Toronto is worth 5,765.38 CAD; 22K is 5,281.08 CAD and 18K is 4,324.03 CAD.
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Price per troy ounce in CAD by karat
| Karat | Per troy ounce | Buy (bid) / gram | Sell (ask) / gram |
|---|---|---|---|
| 24K999 | 5,765.38 | 181.65 | 189.07 |
| 22K916 | 5,281.08 | 166.40 | 173.19 |
| 21K875 | 5,044.70 | 158.95 | 165.43 |
| 18K750 | 4,324.03 | 136.24 | 141.80 |
| 14K585 | 3,372.75 | 106.27 | 110.61 |
| 10K417 | 2,404.16 | 75.75 | 78.84 |
| 9K375 | 2,162.02 | 68.12 | 70.90 |
About this unit
Gold is priced internationally per troy ounce, which equals 31.1035 grams — about 10% heavier than the ordinary (avoirdupois) ounce of 28.35 g.
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CAD exchange rate
| 1 USD | 1.3967 CAD |
|---|---|
| 1 EUR | 1.5695 CAD |
| 1 GBP | 1.8816 CAD |
Gold spot price trend (USD/oz)
How the gold price in Toronto is calculated
We take the live spot price of 4,127.80 USD per troy ounce, divide it by 31.1035 to get 132.71 USD per gram of pure gold, and multiply by today’s exchange rate of 1.3967 CAD per dollar. That gives 185.36 CAD per gram for 24K. Lower karats are priced by their gold content.
Canadian dealers usually price bullion in CAD per ounce; the Royal Canadian Mint Maple Leaf is a 99.99% pure coin. Pure investment gold is generally GST/HST-exempt, but jewelry is taxed.
Gold in Toronto is priced in the same currency as the rest of Canada; differences between shops come from margins and making charges, not from the metal price.
Before you sell, weigh your pieces on a jeweler’s scale, check the hallmark and compare at least two quotes. Read our guide to selling gold.
More gold prices in Toronto
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