This August 9, 2026 update examines Canada 24K gold price together with the latest ounce and listed carat references.
Gold finished the measured period above its opening level. Weekly market summary: C$5,680.28 → C$6,085.95, high C$6,095.34, change +7.14%.
Canada 24K Gold Price: Latest Comparison
| Open | C$5,680.28 | Close | C$6,085.95 |
|---|---|---|---|
| High | C$6,095.34 | Low | C$5,680.28 |
| Average | C$5,862.32 | Change | +7.14% |
How the week unfolded
Lundi, août 3, 2026
Open C$5,680.28, high C$5,680.28, low C$5,680.28, close C$5,680.28, change +0.00%. Canada Retail Gold Rates: What Buyers Should Compare
Mardi, août 4, 2026
Open C$5,732.41, high C$5,732.41, low C$5,732.41, close C$5,732.41, change +0.00%. 24K Gold Rate in Canada: Current Market Reading
Mercredi, août 5, 2026
Open C$5,729.89, high C$5,973.10, low C$5,729.89, close C$5,973.10, change +4.24%. Gold Buyback Rates in Canada: Latest Market Reference
Jeudi, août 6, 2026
Open C$6,017.39, high C$6,017.39, low C$5,937.45, close C$5,956.80, change -1.01%. Currency Impact on Canada Gold Rates: Latest Reading
Vendredi, août 7, 2026
Open C$5,967.27, high C$6,095.34, low C$5,967.27, close C$6,085.95, change +1.99%. Gold Price Check for Buyers in Canada: Latest Reference
Historical comparison
The strongest historical reference in the comparison window was C$6,095.34 on 2026-08-07. Gold Price Check for Buyers in Canada: Latest Reference
Canada Gold Prices End the Week Higher: High, Low and Closing Review
Scenarios for the coming week
Upside scenario
A sustained move above C$6,095.34 would strengthen the positive scenario, while confirmation should come from later readings.
Downside scenario
A move below C$5,680.28 would weaken the current range and make the lower scenario more relevant.
Range scenario
Prices may remain between the weekly high and low until a clearer move develops.
These scenarios are conditional market references, not a guarantee of future prices.
What this means for buyers and sellers
Reference prices describe the metal value. Retail quotes may differ because of craftsmanship, taxes, premiums, dealer margins and buyback conditions.
Frequently asked questions
What was the weekly gold range?
C$5,680.28 to C$6,095.34.
Did gold finish higher or lower?
The closing level changed by +7.14% from the opening level.
Data and linked reports
This article was generated from the GMIP historical archive for Canada, covering 2026-08-03 to 2026-08-07.
Understanding the local price
The displayed figure is a metal-value reference before product premiums, fabrication, taxes and dealer margins.
Compare like-for-like products by purity, weight, quote time and buyback terms before making a decision.
How to compare the current reading
Compare the latest figure with an earlier reading from the same source and a similar quote time. Separate the movement in metal value from fabrication charges, taxes and retail margins.
Match purity, weight, product type, delivery method and buyback terms. Bars, coins and finished jewellery may carry different premiums even when their gold content is similar.
Frequently asked questions
How is the gold price calculated in Canada?
The calculation starts with the global ounce price and the exchange rate to CAD, then applies the campaign’s local market settings.
When are gold prices updated?
Prices follow the campaign schedule, while actual dealer quotes may vary during the day because of premiums, taxes and retail margins.
Last updated: August 9, 2026 11:17 AM. Figures depend on configured price and exchange-rate sources, and local prices may vary.
