1. Home
  2. Gold
  3. Lunar New Year 2027
Guide · Gold

Lunar New Year 2027 in Canada: date, Year of the Goat, red envelopes and gold gifts

Lunar New Year 2027 is on Saturday, February 6, 2027, and it starts the Year of the Goat. Chinese New Year and Vietnamese Tết fall on February 6; Korea's calendar puts Seollal on Sunday, February 7.

24K gold, per gram$179.81
22K gold, per gram$164.71
24K, per tola$2,097
Per troy ounce$5,593

International price in CAD · October 23, 2026, 11:50 pm ET · Full rate table

Key takeaways

  • Chinese New Year and Tết: Saturday, February 6, 2027
  • Korean Seollal: Sunday, February 7, 2027 (Korea's official 2027 calendar)
  • 2027 is the Year of the Goat (also called Sheep or Ram)
  • Red envelopes of money are the classic gift; gold coins, small bars and zodiac charms are a lasting alternative
  • In Vietnamese tradition, God of Wealth Day (10th day) is a gold-buying day: Monday, February 15, 2027

When is Lunar New Year 2027?

Lunar New Year starts on the first day of the first month of the lunar calendar. Each month starts on the day of the new moon. The new moon falls on February 6, 2027, so that is the first day of the new year in China and Vietnam.

CelebrationDate in 2027Day
Chinese New Year (Spring Festival)February 6Saturday
Tết Nguyên Đán (Vietnam)February 6Saturday
Seollal (Korea)February 7Sunday
New Year's Eve dinner (China, Vietnam)February 5Friday evening
God of Wealth Day, 10th day (Vietnam)February 15Monday

Why is Seollal a day later? Korea is one hour ahead of China. The 2027 new moon happens just before midnight in China but just after midnight in Korea. The Korea Aerospace Administration's official 2027 calendar lists Seollal on February 7, with holidays in Korea from February 6 to 9.

In Canada, Lunar New Year is not a statutory holiday. Most families celebrate on the weekend of February 6 and 7, which makes 2027 an easy year to gather.

Is 2027 the Year of the Goat?

Yes. Royal Museums Greenwich lists 2027 as the Year of the Goat. The same animal is often called the Sheep or the Ram in English. In Vietnamese it is Mùi, and the year is called Đinh Mùi. The Year of the Goat runs until the next Lunar New Year in early 2028.

Zodiac animals often appear on gifts. Jewellers often offer zodiac designs, such as a charm, pendant or coin. A goat charm is a natural gift for a child born in 2027 or for someone whose own zodiac sign is the goat.

How is Lunar New Year celebrated in Canada?

Chinese, Korean, Vietnamese and other East and Southeast Asian communities in Canada mark the new year. The Government of Canada describes families cleaning and decorating their homes ahead of time, wearing red, hanging red lanterns and couplets, and sharing a reunion dinner with dishes like dumplings, sweet rice cakes and fish.

Adults give young children red envelopes with money inside, as a blessing for a safe and peaceful year. Red envelopes are called hóngbāo in Mandarin and lai see in Cantonese. In Vietnamese the gift of lucky money is lì xì.

Cities with large communities, such as Toronto, Markham, Richmond and Vancouver, usually hold parades, fairs and temple events around the new year. Check your city's events page in January for 2027 details, as dates are set each year.

Common greetings, as used in the B.C. Premier's Lunar New Year message:

  • Cantonese: Kung Hei Fat Choi
  • Mandarin: Gong Xi Fa Cai
  • Vietnamese: Chúc Mừng Năm Mới
  • Korean: Saehae bok mani badeuseyo

Why is gold given at Lunar New Year?

Gold stands for wealth and good fortune in many Asian cultures, and it keeps its value. That makes it a popular new-year gift, especially for children, newlyweds and elders.

  • Chinese and Korean families mostly give cash in red envelopes. Some families choose a small gold piece instead, such as a zodiac charm or a coin in a red pouch, because it lasts.
  • Vietnamese families have a strong gold-buying custom. On the 10th day of the new year, God of Wealth Day (ngày vía Thần Tài), many people buy a little gold for luck and prosperity for the year. Shops in Vietnam open early to meet the crowds. Plain round rings are a popular choice because they are easy to resell. In 2027 the 10th day is Monday, February 15.

How do you buy gold for Lunar New Year in Canada?

  1. Check purity. Look for the stamp: 24K is 99.9% gold, 22K is 91.6%, 18K is 75%, 14K is 58.5% and 10K is 41.7%.
  2. Compare the gold value with the price. Ask for the weight in grams. Multiply by the day's 24K price per gram and the purity. The rest is the store's making charge and margin.
  3. Ask for grams. If a shop quotes in a traditional unit, ask for the weight in grams so you can compare.
  4. Shop early. Stores can get busy just before the new year.
  5. Keep the receipt showing weight and purity, in case the gift is resold later.

If you send money home instead, check the gold price in that country first. Prices in Hong Kong, China and Vietnam can differ from Canada's. RemitBee Gold, coming in early 2027, plans to offer pure 24K gold from $10 at the live market price; the waitlist is at gold.remitbee.com.

What are good Lunar New Year gold gift ideas?

  • A 24K goat zodiac charm or pendant for a child born in 2027
  • A 1 g or 2.5 g gold bar in a red pouch, in place of a red envelope
  • A plain 24K ring, the classic Vietnamese God of Wealth Day buy
  • A gold coin for newlyweds celebrating their first new year
  • A gold bracelet or bangle for a parent or grandparent

Compare prices with the gold price in Hong Kong, the gold price in China and the gold price in Vietnam. To check what a piece is really worth, use our gold value calculator.

Common questions

When is Lunar New Year 2027?
Lunar New Year 2027 is on Saturday, February 6, 2027 for Chinese New Year and Vietnamese Tết. Korean Seollal is on Sunday, February 7, 2027.
What animal is 2027 in the Chinese zodiac?
2027 is the Year of the Goat, also called the Sheep or Ram. In Vietnam it is the year of Đinh Mùi.
What do you put in a red envelope?
Money, as a blessing for a safe and peaceful year. Some families give a small gold coin, bar or charm in a red pouch instead.
When is God of Wealth Day 2027?
God of Wealth Day is the 10th day of the first lunar month. In 2027 it is Monday, February 15. Many Vietnamese families buy a little gold on this day for luck.
Is Lunar New Year a holiday in Canada?
No, it is not a statutory holiday in Canada. In 2027 it falls on a weekend, so many families celebrate on February 6 and 7.

Sources

Checked against these sources on October 24, 2026. Spotted something out of date? Tell us.

Our sponsor · RemitBee Gold

Own pure 24K gold, from $10.

RemitBee Gold launches in early 2027. Buy pure 24K gold at the live market price with one 0.5% fee, kept in an insured vault in Canada. Join the waitlist and get $11 of gold at launch.

Join the waitlist

Sponsored. Gold prices can go down as well as up.

Settle Canada is supported by RemitBee. RemitBee Gold is a RemitBee product. Prices on this site are the international price converted to each currency, for information only, not an offer to buy or sell. This is not investment advice: gold prices can go down as well as up, and past prices don’t predict future prices.

General information. Details change. Check the official source linked on this page before you rely on it.