Since the introduction of the new Belgian tax on gold in 2026, many sellers have been wondering: does the 10% tax also apply to gold jewelry? The answer is simple: NO. And that's great news for anyone looking to sell their jewelry!
In this article, we clearly explain why jewelry is not subject to this tax, what the law actually covers, and how to sell your gold with peace of mind.
What does the new Belgian law say?
Since 2026, Belgium has introduced a 10% tax on capital gains realized on the sale of certain types of gold.
But beware: this tax only applies to investment gold, i.e.:
- gold bars,
- gold coins recognized as investments, and only if the capital gain exceeds €10,000
To calculate this capital gain, the law uses the official gold price on December 31, 2025 (€118,020/kg) as a reference price.
Conclusion: only gold bars and coins can be taxed.
Why is jewelry completely excluded?
Gold jewelry is not considered investment gold.
Here's why it cannot be taxed:
Impossible to know the initial purchase price
Most of the jewelry was given as gifts, passed down, or purchased a long time ago.
Therefore, there is no official proof of purchase to calculate capital gains.
Jewelry is not standardized.
Unlike bullion or coins, jewelry:
- vary in purity (8K, 14K, 18K, etc.),
- contain stones or non-gold elements,
- undergo transformations or repairs.
It is impossible to deduce a "pure" capital gain. They are classified as personal items, not investments. Belgian law therefore automatically excludes them from taxation.
Clear reminder: selling gold jewelry remains 100% tax-free.
It doesn't matter:
- their condition,
- their age,
- their origin,
- or the amount of the sale...
Gold jewelry is NOT subject to any tax in Belgium.
Ingots and coins: the only items subject to the tax
To be taxable, a transaction must meet all of the following conditions:
- Being a sale of investment gold coins or bars
- Achieve a capital gain of more than €10,000 compared to the price on December 31, 2025.
In all other cases → 0% tax.
Would you like to sell your jewelry?
Good news: You receive 100% of the amount without any tax deductions.
Belgium remains one of the most advantageous countries for selling gold jewelry.
Our experts welcome you to our branches in:
Free, transparent, and non-binding estimate.