GoldmitraGold Price in India vs Canada: Which Is Cheaper in 2026?
Canadian jewellery runs on 10K (41.7% purity) as its everyday standard — less than half the gold content of India's 22K — with GST/HST added on top regardless of karat.
Rates last updated: 12 Sept 2026, 6:17 am IST
| Metric | India | Canada |
|---|---|---|
| Price/gram (24K) | ₹15,357 | — |
| Price/gram (dominant retail karat) | ₹14,081 (22K) | — |
| Dominant retail karat & purity | 22K · 91.6% | 10K · 41.7% |
| Making charge convention | 8–25%, per gram + disclosed charge | Priced per finished piece — brand/design markup, not a disclosed % |
| Tax on gold | 3% GST | GST/HST 5–15% (province-dependent) |
| Import duty (bringing gold into India) | 15% customs duty | See baggage-rules allowance below |
Why the prices differ
10K is stamped "417" and is the most common everyday karat in Canada — chosen for durability and lower cost, not because of any purity regulation.
GST/HST (5% federally, more with provincial HST) applies to all jewellery, but bullion coins and bars at investment-grade fineness are zero-rated — a split India doesn't make, since GST here is a flat 3% on gold value however it's sold.
Like the US, Canada has no daily published per-gram jewellery retail rate — pricing is per finished piece.
Purity standard comparison
India's dominant retail karat is 22K (91.6% purity). Canada's is 10K (41.7% purity) — buying 10K gets you less actual gold content per gram than Indian 22K, regardless of the sticker price.
Jewellery-making & style differences
- Priced per finished piece — no itemized making charge disclosed.
- 10K/14K durability-first everyday jewellery, thinner than Indian 22K designs.
- GST (5%) or HST (up to ~15%) depending on province — applies to all karats.
- 10K jewellery has low resale value in India — Indian buyers price by 22K-equivalent gold content.
Buying in Canada? What Indian travelers should know
- Returning Indian residents who've lived abroad over a year can bring gold jewellery in duty-free up to a weight limit only — 40g for women, 20g for men/others — with no separate value cap since the 2026 Baggage Rules revision.
- India charges a total 15% customs duty on imported gold (10% Basic Customs Duty + 5% AIDC, hiked from 6% in May 2026), plus 3% GST at sale.
- No tourist tax-refund scheme — Canada discontinued its old Visitor Rebate Program.
- Resale caution: Indian buyers typically value jewellery against 22K-equivalent purity, so 10K pieces from Canada may resell for less in India than their purchase price suggested.
Frequently asked questions
Is Canadian 10K gold worth less than Indian 22K gold?
Per gram, yes — 10K is only 41.7% pure gold versus 22K's 91.6%, so it holds under half the gold content per gram. It's chosen for durability and cost, not gold value.
Can I bring gold jewellery from Canada to India duty-free?
Only up to India's Baggage Rules weight limit (40g for women, 20g for men, for residents abroad over a year) — beyond that, India's 15% customs duty applies.
Does Canada charge tax on gold jewellery?
Yes — GST (5%) or provincial HST (up to ~15%) applies to jewellery of any karat. Only investment-grade bullion is tax-exempt, never jewellery.
Why does Canada sell mostly 10K gold instead of 22K?
10K is more durable and cheaper per piece than higher-karat gold, which suits Canada's per-piece, design-driven jewellery market — unlike India, where 22K is the cultural and investment norm.