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Current prices (kg): Gold €115.409 Silver €1.479
    
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Is gold exempt from VAT?

Within the eurozone, gold is exempt from VAT, as long as it concerns gold bars with a purity of 24 carats and gold coins with a purity of at least 90%. The reason for this is that the European countries and the ECB classify gold as a form of financial wealth that must be freely tradable, similar to stocks and bonds.

Investment gold is exempt from VAT in the Eurozone

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