Mostly, yes — with one important exception. “Treacle” is the British and Commonwealth word for the dark, syrupy products that North Americans call molasses. Black treacle is essentially the same as cooking molasses: dark, rich, and slightly bitter, and the two can usually be swapped one-for-one. Golden syrup — sometimes called “light treacle” — is a different thing altogether: it’s pale, mild, and sweet, and it will not stand in for molasses.
Black treacle ↔ molasses: yes, substitute one-for-one. The flavour and colour are close enough that most recipes won’t notice the difference. Golden syrup → molasses: not recommended — it’s far lighter and sweeter, so you’ll lose the dark colour, the moisture, and the signature flavour that molasses is prized for. If a recipe leans on molasses, reach for real molasses or black treacle rather than golden syrup.
If you have a British recipe that calls for black treacle, Crosby’s Cooking Molasses is the closest match — a blend of Blackstrap and Fancy that’s darker and less sweet than Fancy, with a full flavour. Fancy Molasses is smoother and sweeter, so it’s a little milder than black treacle. Blackstrap is bolder and more bitter than most treacle, and is best saved for barbecue sauces, baked beans, and stews.
The word changes with the country, but the ingredient is the same tradition. In Canada and the United States it’s molasses; across the UK it’s treacle. Crosby’s has been importing molasses to the East Coast of Canada since 1879, and for classics on either side of the Atlantic — gingerbread, sticky toffee, baked beans, brown bread — dark molasses (or black treacle) is the ingredient the recipe was built around.
Black treacle is, in practice, the British name for dark molasses — the two are close enough to substitute one-for-one. Golden syrup, though sometimes called light treacle, is a different, much milder product and is not molasses.
Black treacle is dark, thick, and robust with a slightly bitter edge, much like cooking molasses. Golden syrup is pale, mild, and sweet. They are not interchangeable, and only black treacle compares to molasses.
It’s not a good swap. Golden syrup is far lighter and sweeter, so the dish will lose molasses’ deep colour, moisture, and characteristic flavour. Use real molasses or black treacle instead.
Crosby’s Cooking Molasses is the closest match — darker and less sweet than Fancy, with a full flavour that lines up well with black treacle in baking and savoury recipes.
Related reading: What is molasses? · Fancy vs Cooking vs Blackstrap · Molasses substitutes