What makes up the price
■ Melt value €558■ Premium ≈ €22 (minting, shipping, margin)
The larger the bar, the lower the premium per gram. Small bars are more flexible when reselling but cost more per gram.
Price history: 5 g
Questions about 5 g gold bar
How much does a 5 g gold bar cost at a dealer?
The selling price is above the melt value because mints and dealers charge a premium for minting, shipping and margin. For this size, around 4.0 to 7.0 % is typical.
Do I have to pay VAT on gold bars?
No. Gold bars with a fineness of at least 995 count as investment gold in the EU and are exempt from VAT.
Do I need ID to buy gold?
For cash transactions of €2,000 or more, dealers in Germany must identify you under the Money Laundering Act (Geldwäschegesetz). For bank transfers, each dealer's own rules apply.