Gold prices rise when central bank buying, safe-haven demand, and investor purchases increase, or when falling interest rates and a weaker US dollar make gold more attractive. Inflation concerns and geopolitical uncertainty can also support prices. However, stronger bond yields and a rising dollar may cause gold prices to fall.
You can sell gold in any solid karat, 10K, 14K, 18K, 22K or 24K, in the form of jewellery, coins, bars or scrap, including broken and dental pieces. Only gold-plated and gold-filled items are generally not worth selling for their gold content, because they hold very little real gold.
Gold buyers determine their offers based on gold purity, weight, current market prices, and refining costs. Higher-purity gold typically earns more, while fees and buyer margins may reduce your final payout.
Before selling gold in Burlington, compare the buyer’s reputation, current gold prices, purity testing, fees, payment options, and transparency. Choose a trusted buyer offering a fair, clear valuation.
The 1 gram gold price in Toronto today is approximately C$195 for pure 24 karat (24K) gold, based on a spot price near US$4,300 per troy ounce and a US dollar to Canadian dollar (USD/CAD) rate of roughly 1.41 (as of September 23, 2026, afternoon Eastern Time). Lower karats are worth proportionally less, and the price is the same across Canada because it tracks the global spot market.
Gold karat meaning, in short: a karat measures how much of an item is pure gold, out of 24 parts. So 24K (24 karat) gold is 99.9% gold, 18K is 75% and 14K is 58.5%. The remaining share is other metals added for strength and colour.
How much is my gold worth in Toronto comes down to three numbers multiplied together: your gold’s weight in troy ounces, its purity as a percentage, and the current spot price of gold in Canadian dollars. That calculation gives you a starting vale, not a final payout, since every buyer applies their own margin on top of it.
Learn how to spot gold buying scams in the GTA, verify legitimate dealers, avoid fake offers and pressure tactics, and safely compare prices before buying gold in Toronto.
What Decides a Coin’s Value Yes. A gold coin can have value in three different ways: melt value (the gold inside the coin), bullion value
So, what is gold filled jewelry compared to the alternatives? Gold-filled holds the most value: a layer of real gold mechanically bonded to a brass core, legally at least 5% of the total weight. Vermeil sits in the middle, a thicker gold layer over sterling silver. Gold-plated is worth the least, a coating under 0.05% gold that wears off quickly.