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What is investment gold?

Published by yasen 11 months ago
Gold price (XAU-RSD)
199 869 RSD/oz
  
+ 1 156 RSD
Silver price (XAG-RSD)
2 258 RSD/oz
  
+ 33 RSD

According to the Value Added Tax Law, investment gold is:

  • gold in the form of bars or slabs of a weight accepted by the gold markets and of a purity equal to or greater than 995 thousandths;
  • gold coins determined by an order of the Governor of the Bulgarian National Bank and the Minister of Finance, for which the following conditions are met simultaneously:
  • their purity is equal to or greater than 900 thousandths;
  • cut after 1800;
  • were or are legal tender in the country of origin;
  • they are usually sold at a price that does not exceed the value of gold at market prices, contained in the coins more than 80 percent.

In short, these are coins and bars with a high gold standard (over 90.0%) and a standard shape, the price of which is close to the stock exchange price of gold in them. These coins and bars are a common investment tool worldwide. They are exempt from VAT.

Gold price (XAU-RSD)
199 869 RSD/oz
  
+ 1 156 RSD
Silver price (XAG-RSD)
2 258 RSD/oz
  
+ 33 RSD
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