How Much Is 7 Pennyweight of 18K Gold Worth in Canadian dollars?

7 dwt of 18K gold is worth C$1,496.96 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, 7 dwt of 18K gold is about C$1,496.96 melt value (≈ 10.89 g). 1 dwt ≈ 1.555 g.

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18K (750) is the premium fineness for many Canadian fine jewellers.

Canadian buyers often pay roughly 50–70% of melt — about C$748.48C$1,047.87 for this dwt at typical buyer rates.

Mid dwt often matches chain sections—separate 10K from 14K before a blended offer.

Quick checks (dwt sellers)

  • 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.
  • Have mixed-karat items separated before weighing at a Canadian buyer.

Gold Value Calculator

C$/troy oz

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

Total gold valueC$1496.96

Current 18K priceC$137.51/gramC$4277.04/oz

Est. offer at%:C$748.48

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: 7 dwt ≈ 10.89 g of 18K, then apply the same per-gram rate converted to Canadian dollars.

Melt value by karat (≈ 10.89 g (11g 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 (11g).

KaratMelt (C$)
9KC$748.56
10KC$831.61
14KC$1,164.28
18KC$1,496.96
22KC$1,829.63
24KC$1,995.89

What canadian buyers might pay (typical ranges)

Dealers pay a share of melt. Below uses the same total melt as this page (C$1,496.96). Not a quote.

Buyer typeTypical % of meltEst. offer (C$)
Pawn shop5070%C$748.48C$1,047.87
Local gold buyer / jeweler6580%C$973.02C$1,197.57
Online / mail-in buyer8092%C$1,197.57C$1,377.20
Refinery (bulk / high volume)8895%C$1,317.32C$1,422.11

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 18K: Convert dwt to grams, then apply C$137.51/g for 18K at live spot in CAD. 18K price hub.

Nearby dwt (CAD):6.5 dwt · 7.5 dwt

Related links

FAQ

How much is 7 dwt of 18K gold worth in Canadian dollars?
7 pennyweight (≈10.89g) of 18K gold is worth about C$1,496.96 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$1,496.96 as a benchmark, not a payout guarantee.