Gold & Commodities desk

Gold

Owning gold in the UK through coins, bars, exchange-traded commodities and funds: what each route costs, how each is taxed and how the gold price is set.

State of play

Gold · Explainer

Gold sovereigns and capital gains tax: what you pay over the metal price

HMRC treats Sovereigns minted from 1837 and Britannia gold coins as sterling currency, so UK individuals pay no capital gains tax when they sell them. The real cost lies in the premium over the gold content and the gap between a dealer's selling and buy-back prices.

· 6 min read

Gold · Guide

How to invest in gold: coins, bars, ETCs and funds

UK investors can own gold as coins or bars, as vaulted metal, through exchange-traded commodities or through mining shares and funds. The routes differ on cost, VAT, capital gains tax, ISA and SIPP eligibility and who you depend on if something fails.

· 8 min read

TID Professional

The Gold & Commodities Professional room

Market view, vehicles and due diligence, regulation and tax for advisers and wealth managers. Free to verified professionals.

Register as a professional

TID Professional is for investment professionals. Content in this section is not suitable for private investors and should not be relied on by them.

Coming to this room

Market view

Where the asset class stands, with the data behind it

Coming to this room

Regulation and tax

FCA, HMRC and Consumer Duty changes, and what they mean for advice

The first Professional briefings for this desk are on the way. Register to hear when they publish.