22 Carat Gold Price in Canada: Per Gram & Scrap Rates

If you’ve ever tried to check the 22 carat gold price in Canada and saw different numbers on different websites, you’re not alone. That gap isn’t a mistake—it reflects whether you’re looking at a live spot price, a retail jewelry tag, or a scrap buyback rate. This guide sorts out the real per-gram rates from the most quoted Canadian sources and explains the purity math behind each number.

22 carat gold price in Canada (per gram): $177.84 CAD (GoldPriceZ gold aggregator) · 24 carat gold price in Canada (per gram): $212.25 CAD (GoodReturns international tracker) · 7-day change (22k per gram): decrease of $6.75 CAD (-3.66%) · 1-year change (gold spot): +34.61% (GoldPrice.org price page)

Five facts, one takeaway: always check which source and pricing tier you’re looking at, because the gap between retail and scrap can be significant.

How much is 22k gold per gram in Canada?

Current 22k gold price per gram

• GoldPriceZ – a real-time aggregate site – shows $177.84 CAD per gram for 22k as of today, with a 7-day drop of $6.75 (-3.66%) (GoldPriceZ gold aggregator).
• GoodReturns, an Indian finance portal covering Canada, reports $201 CAD per gram for 22k, though the page also displays an alternate figure of $198.75, suggesting multiple live snapshots (GoodReturns international tracker).
• AU Bullion (Canadian bullion dealer) lists a live spot of $197.90 per gram, but this is for 24k, not 22k (AU Bullion Canadian dealer).

The pattern: live spot sources cluster around $194–$200 per gram for 24k, but 22k requires a purity adjustment. Multiplying spot by 0.916 (22k purity) gives a theoretical 22k price of roughly $182–$194, depending on the spot source.

Price comparison with 24k and 18k

To see how purity changes value, look at what a Vancouver buyer pays for scrap gold of different karats:

• 24k (99.9% pure): $166.59 CAD/gram – spot minus dealer margin
• 22k (91.6% pure): $158.78 CAD/gram
• 18k (75.0% pure): $130.07 CAD/gram
• Data from Gold Vancouver scrap dealer

The implication: a 22k price quote of $177.84 (GoldPriceZ) is close to what you’d expect from spot × 0.916, while $201 (GoodReturns) includes a retail markup.

How much is 1 tola in Canada?

1 tola in grams

A tola is a traditional South Asian weight unit equal to 11.664 grams. Many Indian and Pakistani buyers in Canada still use tola for jewellery transactions.

Current tola price in CAD

To calculate the 22k tola price: multiply the per-gram 22k price by 11.664. Using GoldPriceZ’s $177.84, 1 tola = $2,074 CAD. Using GoodReturns’ $201, 1 tola = $2,344 CAD. Because the per-gram spread is $23, the tola difference exceeds $270 – so always confirm which per-gram rate the dealer uses.

Is 22 carat gold available in Canada?

Where to buy 22k gold in Canada

• Jewelry stores: Krishna Jewellers (Vancouver) and other South Asian jewellers carry 22k jewellery (Gold Vancouver local jeweler).
• Banks and bullion dealers: TD Precious Metals sells gold bars and coins, but typically in 24k (.9999) form (TD Precious Metals bullion program).
• Online bullion dealers: AU Bullion and GoldBroker offer Canadian-dollar spot pricing, but again mainly 24k bars and coins.

Jewelry vs investment bars

In Canada, 22k is almost exclusively sold as jewellery, not investment bars. Investment gold is 24k (.9999). If you buy 22k jewellery, the resale value is the scrap gold rate, not the retail purchase price. For investment, opt for 24k bars or coins from TD or a bullion dealer.

How much is the scrap 22ct gold price per gram?

BullionByPost scrap rate vs live spot

Scrap gold buyers in Canada typically pay 94-98% of the spot-based 22k value. Gold Vancouver, for example, lists its 22k buy price at $158.78/gram, which is about 96% of the spot-derived value of ~$165.50. BullionByPost (not verified in Canada-specific data) follows a similar model. The scrap price is not fixed; it adjusts daily with spot changes.

Factors affecting scrap value

• Purity: 22k is 91.6% pure; scrap buyers test and may discount for wear or alloy
• Market spot price: scrap rates move in real time with global gold
• Dealer margin: differs by location – smaller shops may offer less than Gold Vancouver’s stated no-hidden-fee policy

The catch: always compare the scrap offer to the live spot × 0.916. If a dealer offers less than 94% of that number, shop around.

How does the gold price in Canada compare to India?

Price difference after currency conversion

Indian gold prices include a 12.5% import duty plus GST, making Indian 22k prices significantly higher in rupee terms. In Canada, gold is priced based on the international spot (in USD) converted to CAD, with no import duty. As of today, 22k in India is roughly ₹7,000–7,500 per gram, which after CAD/INR conversion (~₹61) equals about $115–$123 CAD – but that’s the Indian domestic price including taxes. The pure commodity price without taxes is similar to Canada’s spot.

Import duties and taxes

Canada imposes no import duty on gold bullion, but applies GST/HST (5-13% depending on province) on retail jewellery purchases. Investment-grade bullion from TD or banks is typically exempt from GST/HST. For exact provincial rates, check the Canada Revenue Agency guidelines.

The implication: if you’re an Indian buyer living in Canada, you get purer metal at a lower premium by purchasing 24k bullion locally instead of importing from India.

Source comparison: 22k gold price across Canadian dealers

Three sources, three numbers: here’s how the major quotes stack up.

*GoldBroker’s 24k spot is $194.03/gram; 22k estimated at $177.77.

The pattern: the $42 gap between GoldPriceZ and GoodReturns is largely retail markup. The $19 gap between GoldPriceZ and Gold Vancouver is dealer margin. Know which category your transaction falls into.

22k gold price timeline in Canada

Gold has rallied sharply over the past year. Here’s how 22k prices tracked:

• 1 year ago: 24k spot ~$157.40/g → 22k approx $144.20/g
• 6 months ago: 22k ~$171.00/g – a 5.6% increase in half a year
• 30 days ago: 22k ~$184.59/g (GoldPriceZ gold aggregator)
• Today: 22k range $177.84–$201/g depending on source

What this means: the 7-day decline of 3.66% is a short breather in a 12-month rally of +34.61% (GoldPrice.org price page). If you’re waiting to buy, the long-term trend suggests waiting could cost you.

What’s confirmed / What’s unclear

• Confirmed: GoldPriceZ shows $177.84/g for 22k; GoodReturns shows $201/g; spot 24k is $212.25/g; Gold Vancouver buys 22k at $158.78/g.
• Confirmed: 1 tola = 11.664 g; 22k = 91.6% purity.
• Unclear: Exact retail premium on 22k jewellery from individual stores; scrap price varies daily.

“Our prices are based on the current spot price and Canadian exchange rate with no hidden fees.” – Gold Vancouver scrap dealer

“The CAD gold price displayed is updated live, every minute.” – GoldBroker online platform

For the Canadian buyer or seller, the choice is clear: use GoldPriceZ’s 22k figure as your spot baseline, add or subtract dealer margin accordingly, and always confirm the source type before transacting. The difference between knowing the right number and a published number can be $19 per gram – or nearly $270 per tola.

Related reading: Gold Bar Price in Canada – Current Rates by Size and Dealer

Frequently asked questions