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GOLD PRICE IN PRINCE EDWARD ISLAND — SEPTEMBER 2025

C$5,091.70 avg/oz

During September 2025, gold dealers serving Prince Edward Island based pricing on CAD spot prices ranging from C$4,879.50 to C$5,344.93 per ounce, with a monthly average of C$5,091.70. The month opened at C$4,879.50 and closed at C$5,344.93, a gain of C$465.43. Investment-grade gold (99.5%+ purity) remains GST/HST-exempt in Prince Edward Island.

DAILY PRICES — SEPTEMBER 2025

DateClose (CAD)Change
September 2, 2025C$4,879.50+103.23
September 3, 2025C$4,953.05+73.55
September 4, 2025C$4,918.34-34.71
September 5, 2025C$4,991.64+73.30
September 8, 2025C$5,032.95+41.31
September 9, 2025C$5,025.93-7.02
September 10, 2025C$5,045.15+19.22
September 11, 2025C$5,040.93-4.22
September 12, 2025C$5,048.47+7.54
September 15, 2025C$5,095.80+47.33
September 16, 2025C$5,081.09-14.71
September 17, 2025C$5,058.35-22.74
September 18, 2025C$5,017.34-41.01
September 19, 2025C$5,063.66+46.32
September 22, 2025C$5,155.43+91.77
September 23, 2025C$5,226.64+71.21
September 24, 2025C$5,164.89-61.75
September 25, 2025C$5,192.80+27.91
September 26, 2025C$5,263.15+70.35
September 29, 2025C$5,325.65+62.50
September 30, 2025C$5,344.93+19.28

📊 Gold Market Analysis

For Canadian investors, understanding the relationship between the USD/CAD exchange rate and gold pricing is essential. A weakening Canadian Dollar amplifies gold returns in CAD terms, while a strengthening CAD can dampen returns even when USD-denominated gold rises. Gold has historically outperformed during periods of negative real interest rates — when inflation exceeds the Bank of Canada's overnight rate. Canadian investors use gold as a hedge against purchasing power erosion, particularly when CPI exceeds 3%. The correlation between gold and the inverse of real rates makes it a strategic allocation in balanced portfolios.

❓ Frequently Asked Questions

❓ Is gold taxed in Canadian provinces?

Investment-grade gold bullion (99.5%+ purity) is exempt from GST/HST in all Canadian provinces under the federal Excise Tax Act. However, provincial policies may vary for numismatic coins, gold jewelry, and gold items below the purity threshold.

❓ Does provincial tax rate affect gold investment returns?

While GST/HST-exempt gold itself is unaffected by provincial tax rates, the marginal tax rate in your province affects capital gains taxes when selling gold. Provinces with lower marginal rates provide a slight advantage for non-registered gold profits.

❓ What about capital gains tax on gold?

Gold sold at a profit outside registered accounts (RRSP/TFSA) triggers capital gains tax in all provinces. In Canada, 50% of the gain is included in taxable income at your marginal rate. Keep purchase receipts for adjusted cost base calculations.

💡 Canadian Gold Investor Guide

When to Buy and Sell Gold: Consider buying when gold-to-stock ratios are low and selling when gold exceeds your target allocation. Profit-taking near historical highs and reallocating to undervalued assets can lock in gains. Avoid panic selling during short-term dips — gold rewards patient holders.

Storage Considerations: Home safe (for holdings under C$50,000), bank safe deposit box (limited insurance), or allocated vault storage through dealers like Kitco or Sprott Money (institutional security, insured). Each option involves different cost, convenience, and risk trade-offs.

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$5,091.70
Per GramC$163.70
Per KilogramC$163,701.72
Per Pennyweight (1.555g)C$254.58
Per Tola (11.66g)C$1,909.39

📚 Learn more: How to Buy Gold in Canada · Gold Tax Guide · 25 Year Price Analysis · All Guides