Is there GST/HST on gold in Canada?

Investment-grade gold, silver and platinum bullion is generally exempt from GST/HST in Canada; jewellery and collectibles are not.

Under the Excise Tax Act, gold and silver bullion of at least 99.5% purity, and platinum of at least 99.0%, is generally zero-rated for GST/HST.

Jewellery, numismatic coins and lower-purity items are usually taxable.

Tax rules change; confirm with the Canada Revenue Agency or a tax professional before a large purchase.

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Estimated melt value$1,086.40

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