Is there sales tax on silver in Summerside?

Not on investment-grade bullion: silver of at least 99.9% purity in bars, wafers or coins is exempt from GST/HST. Jewellery and lower-purity coins carry 15% HST, the Prince Edward Island rate: Canadian cities add no sales tax of their own.

What is the sales tax on silver jewellery and sterling silverware in Summerside?

15% HST, on the full price including the making charge.

Is the silver price in Summerside different from the rest of Canada?

No. Silver has one price in Canadian dollars across Canada: the world spot price converted at the day's exchange rate. What differs between dealers in Summerside is the premium they charge over spot and what they pay when they buy back.

Silver Price in Summerside Today: CAD per Ounce & Gram, HST on Silver

Silver Price in Summerside Today

Today's silver rate in Summerside, PE: silver $68.58 per ounce, silver $2.20 per gram (as of Oct 30, 2026, 17:55 EDT). This is based on spot silver at $49.12 per troy ounce and 1 USD = 1.3963 CAD. Sterling silver with sales tax (15% HST on jewellery and non-investment items; metal value before making charges): about $2.35 for sterling silver (925) per gram. Change today: −5.81% in CAD terms.

Date	Silver per ounce / 1 ounce	Silver per gram / 1 gram	Change
Oct 30Fri	$68.67	$2.21	−0.37%
Oct 29Thu	$68.92	$2.22	−6.01%
Oct 28Wed	$73.33	$2.36	−2.11%
Oct 27Tue	$74.91	$2.41	−1.54%
Oct 26Mon	$76.08	$2.45	+0.42%
Oct 25Sun	$75.76	$2.44	+0.73%
Oct 23Fri	$75.21	$2.42	0.00%
Oct 22Thu	$75.21	$2.42	−2.20%
Oct 21Wed	$76.90	$2.47	−4.79%
Oct 20Tue	$80.77	$2.60	−0.77%

Date

Silver per ounce / 1 ounce

Silver per gram / 1 gram

Change

Oct 30Fri

$68.67

$2.21

−0.37%

Oct 29Thu

$68.92

$2.22

−6.01%

Oct 28Wed

$73.33

$2.36

−2.11%

Oct 27Tue

$74.91

$2.41

−1.54%

Oct 26Mon

$76.08

$2.45

+0.42%

Oct 25Sun

$75.76

$2.44

+0.73%

Oct 23Fri

$75.21

$2.42

0.00%

Oct 22Thu

$75.21

$2.42

−2.20%

Oct 21Wed

$76.90

$2.47

−4.79%

Oct 20Tue

$80.77

$2.60

−0.77%

Purity	1 gram	1 ounce	10 ounces	100 grams	1 kilo	100 ounces
Fine silver9999 fine	$2.20	$68.58	$685.77	$220.48	$2,204.80	$6,857.71
Sterling silver925 fine	$2.04	$63.43	$634.34	$203.94	$2,039.44	$6,343.38
1920–1967 coins800 fine	$1.76	$54.86	$548.62	$176.38	$1,763.84	$5,486.17
1967–68 coins500 fine	$1.10	$34.29	$342.89	$110.24	$1,102.40	$3,428.85

Purity

1 gram

1 ounce

10 ounces

100 grams

1 kilo

100 ounces

Fine silver9999 fine

$2.20

$68.58

$685.77

$220.48

$2,204.80

$6,857.71

Sterling silver925 fine

$2.04

$63.43

$634.34

$203.94

$2,039.44

$6,343.38

1920–1967 coins800 fine

$1.76

$54.86

$548.62

$176.38

$1,763.84

$5,486.17

1967–68 coins500 fine

$1.10

$34.29

$342.89

$110.24

$1,102.40

$3,428.85

Coin	Pure silver	Melt value
Silver Maple Leaf 1 oz (999.9)	31.103 g	$68.58
1920–1966 quarter (5.83 g, 80%)	4.664 g	$10.28
1920–1966 dime (2.33 g, 80%)	1.864 g	$4.11
1935–1967 silver dollar (23.33 g, 80%)	18.664 g	$41.15
1967–68 quarter (5.83 g, 50%)	2.915 g	$6.43
Silver bar 10 oz (999)	311.035 g	$685.77
Silver bar 100 oz (999)	3,110.348 g	$6,857.71
Silver bar 1 kilo (999)	1,000.000 g	$2,204.80

Coin

Pure silver

Melt value

Silver Maple Leaf 1 oz (999.9)

31.103 g

$68.58

1920–1966 quarter (5.83 g, 80%)

4.664 g

$10.28

1920–1966 dime (2.33 g, 80%)

1.864 g

$4.11

1935–1967 silver dollar (23.33 g, 80%)

18.664 g

$41.15

1967–68 quarter (5.83 g, 50%)

2.915 g

$6.43

Silver bar 10 oz (999)

311.035 g

$685.77

Silver bar 100 oz (999)

3,110.348 g

$6,857.71

Silver bar 1 kilo (999)

1,000.000 g

$2,204.80

Buying silver in Summerside, PE

Investment-grade silver is exempt from GST/HST everywhere in Canada. In Summerside, jewellery and other taxable silver items carry 15% HST, the Prince Edward Island rate.

Silver has one national spot price in Canadian dollars: the prices on this page are the same as on the silver price in Canada page. What differs in Summerside is tax, explained below and on the Prince Edward Island page.

Sales tax on silver in Summerside

Canada has no city sales tax, so in Summerside you pay Prince Edward Island's rates. Investment-grade silver (silver of at least 99.9% purity, in bars, wafers or coins) is exempt from GST/HST. Sterling silver, 90% and 80% silver coins and collector coins sold above their metal value, and silver jewellery and sterling silverware carry 15% HST, charged on the full price including the making charge or premium.

HST follows the federal rule, so investment-grade bullion is exempt from the full 15% HST.

Full provincial rules: silver price and tax in Prince Edward Island.

Silver in Summerside

Summerside is Prince Edward Island's second-largest city.

Tax when you sell silver in Summerside

When you sell, the CRA usually treats a profit on bullion held as an investment as a capital gain: half of the gain is added to your income and taxed at your federal and provincial rates (the 2024 proposal to raise the inclusion rate to two-thirds was cancelled in March 2025). Frequent trading can make profits fully taxable business income. The provincial part of your income tax is Prince Edward Island's, at your provincial marginal rate. Sales tax does not apply when you sell bullion to a dealer.

Buying and selling in Summerside

Dealers in precious metals and stones must verify your identity for purchases of $10,000 or more and report cash transactions of $10,000 or more to FINTRAC. Dealers sell Maple Leafs and bars at a premium over the spot price shown here and buy back a little under it; compare a few dealers' buy and sell prices on the same day.

Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.

Silver Price in Summerside Today

Silver rate today · CAD

Silver price in CAD · per ounce

Silver Rate in Summerside: Last 10 Days

Silver Rate in Summerside by Purity and Weight

Coin and bar melt values

Silver Performance in CAD

Buying silver in Summerside, PE

Sales tax on silver in Summerside

Silver in Summerside

Tax when you sell silver in Summerside

Buying and selling in Summerside

Silver value calculator · CAD

How we calculate

Silver Price in Summerside: FAQ

Silver Price in Other Provinces

Silver Price in Other Cities in Prince Edward Island

Silver Price in Other Countries