⚖️ SCRAP GOLD CALCULATOR
Calculate the melt value of your gold in Canadian Dollars based on karat purity
Select Karat Purity
Enter Weight
Estimated Melt Value
C$--
Pure Gold Content
-- g
Spot Price/gram
C$--
Selected Karat
18K (75%)
KARAT PURITY REFERENCE
| Karat | Purity | Value/Gram | 10g Value |
|---|
FAQ
What does karat mean?
Karat (K) measures gold purity. 24K is pure gold (99.9%), while 18K is 75% gold mixed with other metals for durability. In Canada, gold jewelry is commonly available in 10K, 14K, and 18K purities.
How is scrap gold valued in Canada?
Scrap gold value = Weight × Purity × CAD Spot Price per gram. Canadian gold buyers typically pay 70–90% of the calculated melt value. Prices vary by region and buyer.
Is GST/HST charged on scrap gold?
Scrap gold jewelry is subject to GST/HST when sold as a consumer good. However, if refined into investment-grade bullion (99.5%+ purity), it becomes GST/HST-exempt.