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GOLD PRICE IN YUKON — JANUARY 2026

C$6,517.13 avg/oz

During January 2026, gold dealers serving Yukon based pricing on CAD spot prices ranging from C$5,917.63 to C$7,205.67 per ounce, with a monthly average of C$6,517.13. The month opened at C$5,917.63 and closed at C$6,359.99, a gain of C$442.36. Investment-grade gold (99.5%+ purity) remains GST/HST-exempt in Yukon.

DAILY PRICES — JANUARY 2026

DateClose (CAD)Change
January 2, 2026C$5,917.63-6.15
January 5, 2026C$6,099.27+181.64
January 6, 2026C$6,173.11+73.84
January 7, 2026C$6,146.93-26.18
January 8, 2026C$6,166.35+19.42
January 9, 2026C$6,225.40+59.05
January 12, 2026C$6,406.38+180.98
January 13, 2026C$6,367.84-38.54
January 14, 2026C$6,424.31+56.47
January 15, 2026C$6,409.55-14.76
January 16, 2026C$6,372.55-37.00
January 20, 2026C$6,603.47+230.92
January 21, 2026C$6,683.83+80.36
January 22, 2026C$6,795.35+111.52
January 23, 2026C$6,859.24+63.89
January 26, 2026C$6,960.15+100.91
January 27, 2026C$6,965.56+5.41
January 28, 2026C$7,205.67+240.11
January 29, 2026C$7,200.00-5.67
January 30, 2026C$6,359.99-840.01

📊 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

Dollar-Cost Averaging (DCA): Buy a fixed CAD amount of gold each month — say C$500. This strategy reduces the impact of short-term volatility and removes the stress of timing the market. Over 10+ years, DCA has historically produced returns close to the annual average gold price.

Portfolio Allocation: Most Canadian financial planners recommend allocating 5–15% of a diversified portfolio to gold and precious metals. This allocation provides downside protection during equity bear markets while maintaining growth potential during inflationary periods.

⚖️ Unit Conversions (CAD)

UnitPrice (CAD)
Per Troy Ounce (31.1g)C$6,517.13
Per GramC$209.53
Per KilogramC$209,530.29
Per Pennyweight (1.555g)C$325.86
Per Tola (11.66g)C$2,443.92

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