How Much Is 8 Pennyweight of 10K Gold Worth in Canadian dollars?

8 dwt of 10K gold is worth C$950.41 in Canadian dollars today

(Based on spot $4,014/oz · 1 USD = C$1.4207 · Updated June 26, 2026)

Estimates convert USD spot using a live exchange rate. Not financial advice, not a purchase offer, and not a guarantee of what any buyer will pay.

At live spot converted to Canadian dollars, 8 dwt of 10K gold is about C$950.41 melt value (≈ 12.44 g). 1 dwt ≈ 1.555 g.

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10K (417) is common in Canadian budget jewelry—verify the stamp before blending with 14K scrap.

Canadian buyers often pay roughly 50–70% of melt — about C$475.21C$665.29 for this dwt at typical buyer rates.

Ask whether the quote is % of melt in CAD or a fixed C$/dwt rate.

Quick checks (dwt sellers)

  • Wearable pieces may fetch more than scrap if the buyer can resell—ask explicitly.
  • If the buyer quotes per dwt, cross-check in grams: multiply dwt by ~1.56 g/dwt, then apply the per-gram rate in CAD.

Gold Value Calculator

C$/troy oz

Adjust this price to project a future value. 24K per troy oz.

Total gold valueC$950.40

Current 10K priceC$76.39/gramC$2376.00/oz

Est. offer at%:C$475.20

Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.

USD spot converted to Canadian dollars at live exchange rates. Same basis as the estimates on this page. Adjust weight, unit, or karat.

Calculate exact pawn shop payout →

How pennyweight maps to grams

Pennyweight (dwt) is a troy-unit habit in some US markets. For pricing we convert to grams: 8 dwt ≈ 12.44 g of 10K, then apply the same per-gram rate converted to Canadian dollars.

Melt value by karat (≈ 12.44 g (12g pages), CAD)

Same weight, different purity—use this to sanity-check whether your item's stamp matches your expected value in Canadian dollars. Karat links use the nearest tabulated gram page (12g).

KaratMelt (C$)
9KC$855.49
10KC$950.41
14KC$1,330.61
18KC$1,710.81
22KC$2,091.01
24KC$2,281.02

What canadian buyers might pay (typical ranges)

Dealers pay a share of melt. Below uses the same total melt as this page (C$950.41). Not a quote.

Buyer typeTypical % of meltEst. offer (C$)
Pawn shop5070%C$475.21C$665.29
Local gold buyer / jeweler6580%C$617.77C$760.33
Online / mail-in buyer8092%C$760.33C$874.38
Refinery (bulk / high volume)8895%C$836.36C$902.89

Ranges are typical experience bands; local buyers vary. Not a quote.

How we calculate melt in Canadian dollars

USD spot per gram × live USD→CAD rate (1 USD = C$1.4207). For 10K: Convert dwt to grams, then apply C$76.39/g for 10K at live spot in CAD. 10K price hub.

Nearby dwt (CAD):7.5 dwt · 8.5 dwt

Related links

FAQ

How much is 8 dwt of 10K gold worth in Canadian dollars?
8 pennyweight (≈12.44g) of 10K gold is worth about C$950.41 melt in Canadian dollars at live spot.
How do you convert dwt to grams?
1 dwt = 1.55517384 g (one twentieth of a troy ounce). We use that factor consistently; melt in Canadian dollars uses the gram equivalent × live spot.
Why do some buyers quote in dwt instead of CAD?
In parts of the US jewelry trade, pennyweight is a long-standing convention. Convert to grams or use this page's melt in your local currency to compare offers fairly.
Will I get full melt value when selling in Canadian dollars?
Buyers typically pay a percentage of melt. Treat C$950.41 as a benchmark, not a payout guarantee.