Is silver taxed in Canada?
Silver bullion coins and bars of 99.9%+ purity are exempt from GST/HST in Canada. Collectible coins, jewelry, and silverware do attract sales tax at the applicable provincial rate.
Silver Price in Toronto Today
Silver Spot Price · Toronto
CA$121.33CAD
= $89.43 USD
+0.00
+0.00%
Updated: ● Live FX rate1 USD = 1.3567 CAD
Advertisement
300 × 250
Interactive Silver Chart
Silver Price Performance
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | +$0.00 | +0.00% |
| 30 Days | +$3.40 | +3.80% |
| 6 Months | $-1.88 | -2.10% |
| 1 Year | +$19.14 | +21.40% |
| 5 Years | +$57.42 | +64.20% |
| 20 Years | +$279.57 | +312.60% |
Advertisement
300 × 250
Advertisement
300 × 250
Silver Spot Price – Today
Intraday XAG/USD spot price (USD per troy ounce)
Silver Price Chart (TradingView)
Loading chart…
Interactive Silver Chart
Silver Price per Unit
Updated: Mar 10, 2026, 09:13 PM| Unit | Price (CAD) | Price (USD) | Change |
|---|---|---|---|
| 1 Troy Ounce | CA$121.33 | $89.43 | +0.00% |
| 1 Gram | CA$3.90 | $2.88 | +0.00% |
| 1 Tola (11.66 g) | CA$45.50 | $33.54 | +0.00% |
| 1 Kilogram | CA$3,900.95 | $2,875.37 | +0.00% |
| 10 Ounces | CA$1,213.33 | $894.34 | +0.00% |
| 100 Ounces | CA$12,133.31 | $8,943.40 | +0.00% |
24-Hour Silver Price by Market Session
Shaded bands show active trading sessions (UTC)
Sydney
Tokyo
London
New York
Annual Silver Price Performance by Currency
Annual % returns for XAG in major currencies (approximate)
| Year | CAD | USD | GBP | EUR | AED | AUD | INR | SGD | JPY |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | +16.1% | +12.0% | +10.5% | +9.8% | +12.0% | +15.2% | +11.2% | +8.4% | +18.3% |
| 2024 | +26.9% | +21.4% | +24.8% | +25.1% | +21.4% | +25.6% | +22.8% | +19.2% | +38.4% |
| 2023 | +2.2% | +0.4% | +3.1% | -2.3% | +0.4% | +4.8% | +2.1% | -1.4% | +9.6% |
| 2022 | -1.2% | -3.5% | +10.8% | +11.3% | -3.5% | +1.4% | +5.4% | -7.1% | +14.2% |
| 2021 | -14.3% | -11.7% | -17.2% | -16.9% | -11.7% | -9.8% | -9.1% | -13.2% | -12.4% |
| 2020 | +46.2% | +47.9% | +41.6% | +38.4% | +47.9% | +42.1% | +46.8% | +41.3% | +34.2% |
| 2019 | +18.7% | +15.3% | +20.4% | +14.8% | +15.3% | +22.6% | +21.4% | +12.8% | +10.1% |
| 2018 | -4.2% | -8.5% | -3.8% | -6.2% | -8.5% | -1.3% | +2.8% | -11.4% | -9.6% |
| 2017 | -6.8% | -1.2% | -8.6% | -12.4% | -1.2% | -4.5% | -2.4% | -4.1% | -3.8% |
| 2016 | +19.8% | +15.3% | +31.2% | +19.8% | +15.3% | +17.4% | +17.6% | +12.1% | +5.9% |
| 2015 | -4.8% | -11.9% | -8.3% | -3.7% | -11.9% | -1.4% | -9.8% | -14.2% | -10.6% |
| 2014 | -12.3% | -19.8% | -18.4% | -11.6% | -19.8% | -9.4% | -11.9% | -22.1% | -11.2% |
| 2013 | -34.4% | -35.9% | -38.1% | -35.2% | -35.9% | -31.2% | -22.8% | -38.6% | -11.4% |
| 2012 | +6.9% | +8.4% | +7.8% | +5.1% | +8.4% | +4.6% | +13.2% | +6.1% | +3.8% |
| 2011 | +70.1% | +74.0% | +71.3% | +68.8% | +74.0% | +64.2% | +82.4% | +65.3% | +56.2% |
Historical Silver Price Charts
30 Days-3.5%
$89.43
60 Days-8.1%
$89.43
1 Year-8.9%
$89.43
2 Years-7.4%
$89.43
5 Years-11.5%
$89.43
10 Years-3.9%
$89.43
All Time+15.3%
$89.43
What Moves Silver Price in Toronto?
Canada is a significant silver mining nation with production in Ontario, British Columbia, and Quebec. Toronto is the financial hub for Canadian precious metals trading. Investment silver bullion of 99.9%+ purity is exempt from GST/HST in Canada, making it tax-efficient to purchase. CAD-denominated silver prices track XAG/USD adjusted for the live CAD/USD exchange rate — a weaker CAD raises the local cost of silver for Canadian buyers.
Frequently Asked Questions
What silver coins are popular in Canada?
The Royal Canadian Mint produces the Silver Maple Leaf, one of the most recognized silver bullion coins globally. It is known for its 99.99% purity and advanced security features including a micro-engraved maple leaf.
How does the CAD/USD rate affect silver prices?
Since silver is priced globally in USD, a weaker Canadian dollar raises the CAD cost of silver for buyers. Conversely, Canadian silver miners benefit from a weaker CAD as their USD-denominated revenues convert to more Canadian dollars.
Silver Converter
CAD
CA$121.33USD
$89.43Silver Price Forecast & Prediction — Toronto
Technical analysis based price targets. Not financial advice.
Market SentimentNeutral
BearishNeutralBullish
Support
$84.07
Resistance
$94.80
Technical Indicators
50-Day MABullish
200-Day MABullish
RSI (14)Neutral
MACDBullish
StochasticOverbought
BollingerNeutral
Price Targets
| Period | Bear Target | Base (Current) | Bull Target | Range |
|---|---|---|---|---|
| 1 Week | $87.82CA$119.15 CAD | $89.43CA$121.33 CAD | $91.58CA$124.25 CAD | ±2.1% |
| 1 Month | $85.41CA$115.87 CAD | $89.43CA$121.33 CAD | $94.98CA$128.86 CAD | ±5.3% |
| 3 Months | $81.38CA$110.41 CAD | $89.43CA$121.33 CAD | $99.99CA$135.65 CAD | ±10.4% |
| 6 Months | $77.36CA$104.95 CAD | $89.43CA$121.33 CAD | $105.89CA$143.66 CAD | ±15.9% |
| 1 Year | $73.34CA$99.49 CAD | $89.43CA$121.33 CAD | $115.01CA$156.03 CAD | ±23.3% |
↑ Bullish Factors
- Global central bank rate cut expectations support precious metals
- Industrial demand from solar panels and EV batteries rising
- USD weakness historically boosts XAG/USD spot prices
- Supply deficits as mining output lags industrial consumption
↓ Bearish Factors
- Higher-for-longer interest rates increase opportunity cost of holding silver
- Strong USD could weigh on dollar-denominated commodity prices
- Weak economic data may dampen industrial silver demand
- Profit-taking after recent rallies could trigger short-term pullbacks
Disclaimer: Price predictions are based on technical analysis and historical patterns only. They do not constitute financial advice. Silver markets are highly volatile — always do your own research before investing.
Silver Prices in Other Cities
Track current silver rates in CAD for investors and bullion buyers in Toronto. Investment silver bullion is GST/HST-exempt in Canada, making it one of the most tax-friendly countries in the world for physical silver purchases.