From January 1, 2026, an important change takes effect in Belgium for anyone who owns or considers selling gold. The federal government has introduced a solidarity contribution: a 10% capital gains tax on profits made from selling investment gold.
What is the gold capital gains tax?
The capital gains tax is a tax on the profit you make when selling financial assets, including physical investment gold. In practice: if you bought a gold bar for €5,000 and sell it for €7,000, you pay 10% on the capital gain of €2,000, i.e. €200.
What is the exemption?
Every taxpayer enjoys an annual exemption of €10,000. The first €10,000 in capital gains is completely tax-free. Unused exemptions can be carried forward for five years, with a maximum of €15,000.
Which gold is affected?
The tax applies to investment gold: bars, ingots and recognized investment coins (Krugerrand, Maple Leaf, Napoleon, etc.).
Good news: gold jewelry is not subject to this tax. Rings, chains, bracelets and earrings can be sold without capital gains taxation.
No retroactive effect
Capital gains realized before January 1, 2026 are not taxed. The official reference value on 31/12/2025 was €118.02/gram for 24 karat gold. Check the current gold price to estimate your capital gain.
Practical tips
- Keep your purchase receipts
- Take advantage of the €10,000 annual exemption
- Sell jewelry separately — it is not taxed
- Have your gold appraised for free
- Spread your sales over multiple years
At La Mine De Diamant in Knokke-Heist and Bruges, we offer a free and non-binding appraisal. Contact us or visit — we are available 24/7.
