How Much Is 8.5 Pennyweight of 18K Gold Worth in Canadian dollars?
8.5 dwt of 18K gold is worth C$1,817.73 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, 8.5 dwt of 18K gold is about C$1,817.73 melt value (≈ 13.22 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$908.87–C$1,272.41 for this dwt at typical buyer rates.
Ask whether the quote is % of melt in CAD or a fixed C$/dwt rate.
Quick checks (dwt sellers)
- Wearable pieces may fetch more than scrap if the buyer can resell—ask explicitly.
- If you're comparing quotes, ask whether the offer is expressed as a % of melt or a fixed C$/dwt payout.
Gold Value Calculator
Adjust this price to project a future value. 24K per troy oz.
Total gold valueC$1817.74
Current 18K price • C$137.51/gram • C$4277.04/oz
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: 8.5 dwt ≈ 13.22 g of 18K, then apply the same per-gram rate converted to Canadian dollars.
What canadian buyers might pay (typical ranges)
Dealers pay a share of melt. Below uses the same total melt as this page (C$1,817.73). Not a quote.
| Buyer type | Typical % of melt | Est. offer (C$) |
|---|---|---|
| Pawn shop | 50–70% | C$908.87 – C$1,272.41 |
| Local gold buyer / jeweler | 65–80% | C$1,181.53 – C$1,454.19 |
| Online / mail-in buyer | 80–92% | C$1,454.19 – C$1,672.32 |
| Refinery (bulk / high volume) | 88–95% | C$1,599.61 – C$1,726.85 |
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$137.51/g for 18K at live spot in CAD. 18K price hub.
Melt value by karat (≈ 13.22 g (13g pages), CAD)
Same weight, different purity—use this to sanity-check whether your item's stamp matches your expected value in Canadian dollars. Karat links use the nearest tabulated gram page (13g).
Nearby dwt (CAD):8 dwt · 9 dwt
Related links
- 18K gold price per gram (overview)
- All 18K gold value topics
- Gold price FAQ
- Sell gold jewelry online
- How to sell gold in Canada
- 750 hallmark reference
- Nearest gram page (13g, CAD; ≈ 13.22g from 8.5 dwt)
- Same dwt in USD ($)
- Pawn shop payout estimate (18K)
FAQ
- How much is 8.5 dwt of 18K gold worth in Canadian dollars?
- 8.5 pennyweight (≈13.22g) of 18K gold is worth about C$1,817.73 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$1,817.73 as a benchmark, not a payout guarantee.