Fine Gold Bullion

Fine Gold Bullion: frequently asked questions

What is fine gold bullion?

Fine gold refers to gold with a purity of 999 or 999.9 parts per thousand (99.9% or 99.99% pure). Bullion is investment-grade metal sold in a standardised form, such as bars or coins, priced close to the live spot price. Fine gold bullion combines both concepts: high-purity gold in a tradeable, weighted form intended for investment rather than jewellery or industrial use.

What is the difference between fine gold and regular gold?

Fine gold (999 or 999.9) is nearly pure metal with minimal alloying. Jewellery gold is deliberately alloyed with copper, silver, or zinc to increase hardness and durability. Common jewellery alloys range from 18-karat (75% gold) to 14-karat (58.3% gold). Investment bullion is almost always fine gold; jewellery gold contains less metal content per gram and commands higher fabrication premiums.

Do you pay tax when selling gold?

Tax rules vary by country. In Canada, 50% of any capital gain on gold is included in taxable income at your marginal rate; investment-grade gold bullion is zero-rated for GST purposes. In the UK, gains above the annual allowance of £3,000 are taxed at 18% or 24% depending on your income band. US investors pay up to 28% on long-term gold gains as a collectible.

Is gold bullion the same as a gold bar?

No. Gold bullion is a broad term covering any investment-grade gold product sold close to the metal's spot price, including bars, coins, and rounds. A gold bar is one specific form of bullion, produced by mints and refineries in standardised weights. Coins and rounds are struck in disc form and are also considered bullion when their value derives from metal content rather than collector rarity.