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Graded Royal Mint gold coins in NGC holders, in a wooden presentation case
The market

Prices move. The tax position holds.

Gold rose strongly through 2025 and into early 2026, and has fallen back since: the gold price was £3,124 an ounce on 28 Sept 2026, 21.2% below its record of 2 Mar 2026.

What stays the same is the tax treatment: UK legal tender gold coins are exempt from VAT and from Capital Gains Tax, with no annual limit.

Gold investments are unregulated in the UK. The value of gold can go down as well as up, and past performance does not guarantee future performance.

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