How much is a kilo of gold worth in Canada?

People look up the value of a kilo of gold for different reasons: pricing a large purchase, checking a figure from the news, or working out what an inherited bar is worth. Canada has a particular angle on this size. The Royal Canadian Mint makes its own kilo bar, the big banks sell it, and online dealers compete hard on price. This page compares them, explains the tax position and covers the practical side of owning something worth close to C$200,000. Grams and karat jewellery are on the gold price per gram (CAD) page.

How is the kilo price of gold calculated?

Gold trades by the troy ounce, which is 31.1035 grams. A kilogram therefore holds 32.1507 troy ounces, and the formula is simply spot per ounce x 32.1507. Most of the world's prices start from the LBMA Gold Price, set in London in US dollars; Canadian figures depend on that and on the loonie's exchange rate. That is why the CAD kilo price can rise on a day when gold is flat in US dollars, if the Canadian dollar weakens.

Watch out for ordinary ounces. A kilo is 35.27 avoirdupois ounces (the kind on a kitchen scale), and using that number instead of 32.15 inflates the value by almost 10%, around C$18,000 at October 2026 prices.

Spot-based melt values, not dealer prices. Loading. 10k is common in Canadian jewellery, which is why a kilo of it is worth well under half a bar. For your own weight and purity, use the gold value calculator.

What do Canadian dealers and banks charge for a 1 kg bar?

Every seller adds a premium to the gold value. On a kilo it is small in percentage terms but runs to thousands of dollars, so the choice of seller matters. We read the price for one bar on each product page on Monday 12 October 2026 (Canadian Thanksgiving; online prices were still updating) and compared it with gold-api.com spot at that moment.

Bullion Mart and TD read 10:58 to 10:59 UTC with spot C$5,956.73 to C$5,956.87 per ounce (gold value about C$191,513 to C$191,518). Gold Stock Canada read 06:44 to 06:46 UTC with spot C$5,968.13 (gold value C$191,879.89). Premium = price / (32.1507 oz x spot) - 1. TD says its prices update every 15 minutes and showed a spot of C$6,000.06 at the time, higher than our feed. More dates on the premium tracker.

The gap between the cheapest and the bank's card price was about C$9,500 for the same amount of gold. Two details explain most of it. Gold Stock Canada's bar is whatever accredited refiner it has in stock, while the others are named bars; and TD charges far more if you pay by card. TD's site also caps online orders at C$2,999.99 unless you sign in with TD or Interac verification, or you order through a branch, and in-branch purchases must be paid from a TD deposit account.

To check today's kilo prices, Visit Gold Stock Canada had the lowest price in our check, and Bullion Mart stocked the Royal Canadian Mint kilo for pickup in Toronto. Our Gold Stock Canada review and the best places to buy gold in Canada guide compare more sellers, including the banks.

What makes the Royal Canadian Mint kilo bar different?

The Mint describes its updated 1 kg bar, as quoted on TD's listing, as accepted by precious metal exchanges around the world, with stylised maple leaf marks and a serial number framed by engraved lines borrowed from the Maple Leaf coin design. TD gives its size as 50.5 by 110.3 by 9.5 mm and its gold content as 32.15075 troy ounces at 99.99% purity. A recognised Canadian brand can make resale to Canadian dealers straightforward, but you pay more for it than for a dealer's-choice bar. More on the Mint itself in our Royal Canadian Mint guide.

How is a kilo of gold taxed in Canada?

Sources: CRA GST/HST Memorandum 17-1; Excise Tax Act s.123; CRA guide T4037 and its 2025 update on capital gains. General information, not tax advice.

A worked example: a kilo bought for C$193,000 and sold for C$213,000 gives a C$20,000 gain. Half of it, C$10,000, is added to your income for the year and taxed at your marginal rate. Full detail, including provincial differences, is in our Canadian gold tax guide.

What paperwork comes with buying a kilo?

Dealers in precious metals that buy or sell C$10,000 or more fall under FINTRAC, Canada's financial intelligence agency. They must verify identity for certain transactions and report cash payments of C$10,000 or more. In practice, at kilo size you should expect ID checks whichever way you pay. Bullion Mart's payment policy, for instance, says orders over C$10,000 may need two pieces of government ID, a utility bill and a signed enhanced due diligence form, plus a copy of the wire if you pay that way. Splitting a cash purchase to stay under a threshold does not avoid the rules.

How should you store and insure a kilo bar?

• At home. Most home insurance policies set a low limit for bullion and cash. Ask your insurer in writing how much it will cover and what proof it needs before the bar arrives.
• Safe deposit box. Banks rent boxes, but contents are not covered by deposit insurance, so you still need your own cover.
• Bank or dealer storage. TD sells a version of the same Royal Canadian Mint kilo bar for its own secure storage, and several dealers offer vaulting. Check whether storage is allocated (a specific bar held in your name), the yearly fee and how you get the bar back. Compare options in the gold storage guide.
• Registered plans. See gold in an RRSP or TFSA before assuming a bar can go in one.

How do you sell a kilo of gold in Canada?

Dealers buy kilo bars at a little below spot. A well-known bar such as a Royal Canadian Mint kilo, with its serial number intact and its paperwork, is the simplest to sell; an unbranded bar may need testing first. You must sell the whole bar, so if you might need part of the money, smaller bars or Maple Leafs are more flexible. Get two or three bids on the same morning; our guide to selling gold in Canada shows how.

Has the kilo price moved much over time?

The kilo price is spot times 32.1507, so it follows the ounce price exactly, just magnified: a C$10 move per ounce shifts a kilo by about C$322. For the long view, including the effect of the Canadian dollar, see gold price history in CAD. Gold can fall as well as rise, and this page is information, not financial advice.

Not financial advice. GoldVetted provides general information to help you compare options. It is not personal financial, tax or legal advice. Gold prices go down as well as up, and you may get back less than you pay. Check tax rules with the official source or a qualified adviser before you act.