The main stock markets in the world quote precious metal prices per troy ounce* (symbol oz t), 1 kg-ingot or gram.

For gold:

France: Napoléon
United States: American Eagle
Canada: Maple leaves
Australia: Nuggets
South Africa: Krügerrands
United Kingdom: Britannia
Switzerland: Vreneli

Ingots

Gold: Gold ingots** of 1 kg, 500 g, 250 g, 100 g, 50 g, 20 g, 10 g and 5 g
_{* A troy ounce (oz t) weights 31,10034768 grams or 0.0311034768 kg}

_{** Standard gold ingots 999.9}

Value added tax

In Luxembourg, the ‘physical’ sale or purchase of gold coins or ingots is not subject to value added tax.

Sales of silver, platinum, and palladium with physical delivery or on deposit are not subject to VAT either. However, the purchase of silver, platinum, and palladium with physical delivery or on deposit is subject to VAT.

Since 1 January 2023, the Luxembourg government has decided to temporarily lower the VAT rate to 16% for a period of one year.

You can deposit your precious metals with Banque Raiffeisen, which guarantees to:

Keep your precious metals in a safe place
Track listed prices daily using the fixing price
Send a quarterly securities deposit statement

Precious metals

The main currencies

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