How is the price of gold jewellery calculated in Canada?
Most gold jewellery is sold at a finished price per piece rather than as metal plus a separate making charge. That price covers the gold content (weight × the gold price for its karat), labour, design and the retailer's markup, and sales tax is usually added at the till. In this calculator, "making charges" stand for labour and markup together: enter your jeweller's quote, or the difference between the ticket price and the metal value.
What is today's 14K gold rate in Canada?
About $105.37 per gram for 14K and $180.12 per gram for 24K, as of Oct 23, 2026, 21:00 UTC (international price in Canadian dollars). The calculator starts with these rates; replace them with your jeweller's rate if it differs.
What do karat marks on gold jewellery mean in Canada?
Under the Precious Metals Marking Act and its Regulations, marking an article's quality is voluntary, but any mark must be accurate. A gold article can be marked in karats only if it is at least 9K, and it may contain at most 3 parts per thousand less gold than marked (7 where solder is used). An article with a quality mark must also bear a trade mark that is registered, or applied for, in Canada. 10K is 41.7% gold, 14K 58.5% and 18K 75%. The Competition Bureau administers the Act.
Is there GST/HST on gold jewellery?
Yes. Gold jewellery is taxable like other goods, at the GST/HST rate (plus provincial sales tax where it applies) of the province where you buy it or where it is delivered. Investment-grade precious metals, such as gold bars, ingots, wafers and coins refined to at least 99.5% purity, are generally exempt from GST/HST, but jewellery does not qualify, whatever its karat.
Which sales tax rate should I enter?
The default is Ontario's 13% HST. In Alberta and the territories only the 5% GST applies; Nova Scotia charges 14% HST and New Brunswick, Newfoundland and Labrador and Prince Edward Island 15%. British Columbia, Saskatchewan and Manitoba add provincial sales tax to the GST, and Quebec adds 9.975% QST, for 14.975% in total.
How much will I get if I sell gold jewellery?
Buyers pay for the gold content only (weight × purity × the gold price) and usually offer less than its full melt value to cover testing, refining and their margin. The labour, design and markup you paid are not recovered, and small stones are often not paid for. Ask for the piece to be weighed and tested in front of you, and compare offers from several buyers.