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About the Eid Mubarak Gold
PAMP Suisse's Gold Bars for Eid Celebrations
The Eid Mubarak series from PAMP Suisse combines investment-grade gold with Islamic artistic tradition, designed specifically for the celebration of Eid al-Fitr marking the end of Ramadan. Produced at PAMP's LBMA-accredited refinery in Castel San Pietro, Switzerland, the range includes a 5g gold bar (with a worldwide mintage of just 2,500 pieces) and a 10g gold bar, both struck in 999.9 fine gold with a proof-like finish. "Eid Mubarak" translates to "Blessed Eid" or "Happy Eid" in Arabic.
The design centres on an ornate crescent moon adorned with Arabic calligraphy, surrounded by intricate Islamic geometric patterns, traditional hanging lanterns (fanous), and decorative floral motifs. These elements draw directly from Islamic artistic traditions: geometric patterns symbolise infinity and the divine order, the crescent moon is the defining symbol of Islam, and the lanterns reference Ramadan traditions. The reverse displays the PAMP name, purity, weight, unique serial number, and assayer's authentication mark.
Each bar is individually serialised and sealed in PAMP's CertiPAMP tamper-evident assay packaging. The Veriscan technology, which allows verification by scanning the bar's unique surface topography with a smartphone app, may also be available for authentication. Gold gifting is deeply embedded in Islamic culture, particularly during Eid celebrations. The tradition of giving gold jewellery during Eid al-Fitr and Eid al-Adha makes bullion bars a modern extension of this custom, offering both cultural significance and wealth preservation in a single gift. PAMP positions the Eid Mubarak alongside their other cultural and religious gift bars for Diwali, Lunar New Year, and Christmas.
Eid Mubarak Gold Bar Specifications
| Attribute | 5g Gold Bar | 10g Gold Bar |
|---|---|---|
| Weight | 5 grams | 10 grams |
| Purity | 999.9 (24K) | 999.9 (24K) |
| Dimensions | 14 mm x 23.3 mm | 15.5 mm x 25.5 mm |
| Finish | Proof-like | Proof-like |
| Mintage | 2,500 worldwide | Not stated |
| Packaging | CertiPAMP assay card | CertiPAMP assay card |
The CertiPAMP assay card includes the bar's unique serial number, weight, purity confirmation, and assayer authentication. The bar is sealed within a protective blister on the card, providing tamper evidence that the metal has not been altered or substituted since leaving the refinery. This packaging system is standard across PAMP's collectible and gift bar ranges, ensuring that each bar can be verified as genuine without removing it from its sealed enclosure. PAMP Suisse holds LBMA Good Delivery accreditation, which means their products are accepted by dealers globally without requiring independent assay. The Veriscan technology, available on some PAMP products, allows verification by scanning the bar's unique surface topography with a smartphone application. Each gold bar's surface has microscopic features as unique as a fingerprint, and the Veriscan database can confirm a match against the original refinery scan. A 1 oz silver "coin bar" version was also added to the Eid Mubarak range, making the series accessible at a lower price point for gifting while maintaining the same Islamic calligraphy and geometric pattern design elements.
Eid Mubarak Gold Bar Tax Treatment by Country
The Eid Mubarak bars are private refinery products with no face value or legal tender status. Their tax treatment depends on each country's classification of investment gold bars.
- United Kingdom: Gold bars of 995+ fineness are classified as investment gold and are VAT-exempt. The 999.9 purity qualifies. No CGT exemption applies to bars (CGT exemption is reserved for UK legal tender coins only). Gains are subject to CGT at 18% (basic rate) or 24% (higher rate), with the £3,000 annual allowance. Gold bars are eligible for SIPP inclusion with tax relief at the holder's marginal rate.
- United States: State sales tax varies by jurisdiction; around 35 states exempt bullion purchases. Federal capital gains tax at the collectibles rate of 28% for long-term holdings. Gold bars from LBMA-accredited refiners meeting the 99.5% purity threshold are generally accepted for precious metals IRA inclusion, though individual custodian policies vary. PAMP bars are among the most widely accepted by IRA custodians.
- Canada: Exempt from GST/HST at 999.9 purity (exceeds the 99.5% threshold). Capital gains taxed at a 50% inclusion rate (66.67% above CAD 250,000 annually since June 2024). RRSP and TFSA eligibility for qualifying gold bars depends on custodian acceptance.
- United Arab Emirates: No VAT on investment gold bullion. The UAE's zero-VAT environment is a major driver of gold purchasing during Eid, particularly in Dubai's Gold Souk. No capital gains tax and no import duty on investment bullion.
- Singapore: Gold bars meeting the Investment Precious Metals (IPM) criteria are GST-exempt. Bars must be at least 99.5% purity and a minimum of 0.5 troy oz. The 5g bar (approximately 0.16 troy oz) falls below this weight threshold, so its IPM classification depends on specific regulatory interpretation. No capital gains tax.
- Australia: Investment gold of 99.5%+ purity is GST-exempt. A 50% CGT discount applies for holdings over 12 months.
- Hong Kong: No sales tax, import duty, or capital gains tax on gold of any kind.
PAMP Eid Mubarak vs Other Celebratory Gold Bars
The Eid Mubarak bar competes within a growing market for culturally themed gold products from major refineries. PAMP's own range includes Diwali (Lakshmi), Lunar New Year, and Christmas bars, all sharing the CertiPAMP packaging system and proof-like finish. The Eid Mubarak's 2,500-piece mintage for the 5g bar makes it more limited than many of PAMP's standard designs, though still more available than ultra-low-mintage numismatic products.
The Emirates Gold Diwali range, produced by Emirates Gold DMCC in Dubai, targets the same cultural intersection of gold gifting and investment. Emirates Gold offers Lakshmi and Ganesh designs aimed at Diwali rather than Eid, but the two brands serve overlapping markets in the Gulf region where both Hindu and Muslim communities are significant gold buyers. Emirates Gold's advantage is local availability in Dubai's zero-VAT environment and competitive pricing. PAMP's advantage is global brand recognition, LBMA accreditation, and the Veriscan verification system.
Baird and Co (London) also produces an Eid-themed gold bar with Islamic calligraphy and geometric patterns. As a UK-based refinery, Baird bars may appeal to UK buyers who prefer a domestic product, though PAMP's international liquidity is broader. For buyers focused purely on gold content and price rather than the themed design, a standard 5g PAMP Lady Fortuna bar will contain the same amount of 999.9 gold at a lower premium. The Eid Mubarak design adds a cultural and gifting dimension that standard bars lack, justified for buyers who value the presentation and significance of the themed design for their Eid celebrations.