How Much Is 1.5 Pennyweight of 24K Gold Worth in Canadian dollars?

1.5 dwt of 24K gold is worth C$427.69 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, 1.5 dwt of 24K gold is about C$427.69 melt value (≈ 2.33 g). 1 dwt ≈ 1.555 g.

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24K pure gold in Canada is mainly bars and coins sold by bullion dealers.

Canadian buyers often pay roughly 50–70% of melt — about C$213.85C$299.38 for this dwt at typical buyer rates.

Pennyweight (dwt) is common in US and Canadian jewelry trade—confirm the unit when comparing quotes.

Quick checks (dwt sellers)

  • Use one unit consistently (dwt or grams) when comparing Canadian buyer quotes.
  • If you're comparing quotes, ask whether the offer is expressed as a % of melt or a fixed C$/dwt payout.

Gold Value Calculator

C$/troy oz

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

Total gold valueC$427.69

Current 24K priceC$183.34/gramC$5702.52/oz

Est. offer at%:C$213.84

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: 1.5 dwt ≈ 2.33 g of 24K, then apply the same per-gram rate converted to Canadian dollars.

Melt value by karat (≈ 2.33 g (2.5g 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 (2.5g).

KaratMelt (C$)
9KC$160.40
10KC$178.20
14KC$249.49
18KC$320.78
22KC$392.06
24KC$427.69

What canadian buyers might pay (typical ranges)

Dealers pay a share of melt. Below uses the same total melt as this page (C$427.69). Not a quote.

Buyer typeTypical % of meltEst. offer (C$)
Pawn shop5070%C$213.85C$299.38
Local gold buyer / jeweler6580%C$278.00C$342.15
Online / mail-in buyer8092%C$342.15C$393.48
Refinery (bulk / high volume)8895%C$376.37C$406.31

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 24K: Convert dwt to grams, then apply C$183.34/g for 24K at live spot in CAD. 24K price hub.

Nearby dwt (CAD):1 dwt · 2 dwt

Related links

FAQ

How much is 1.5 dwt of 24K gold worth in Canadian dollars?
1.5 pennyweight (≈2.33g) of 24K gold is worth about C$427.69 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.
Is dwt the same as a regular ounce?
No. Pennyweight is troy-based: 20 dwt = 1 troy ounce. Regular (avoirdupois) ounces differ. Precious metals pricing uses troy units.
Will I get full melt value when selling in Canadian dollars?
Buyers typically pay a percentage of melt. Treat C$427.69 as a benchmark, not a payout guarantee.