Tax on gold in the UAE: VAT and capital gains calculator
Gold, silver and platinum of 99% purity or more in bullion form are zero-rated for VAT in the UAE; jewellery, palladium and lower purity metal carry 5%. Individuals pay no income tax or capital gains tax on personal investments.
Gold and silver tax calculator
Enter what you bought and, if you like, what you sell it for. You get the VAT or GST in the price and an estimate of the tax on the sale.
UAE rules for individuals
When you buy
- 0% VAT on gold, silver and platinum of at least 99% purity in bullion form.
- 5% VAT on jewellery, palladium and lower purity metal.
When you sell
- No personal income tax and no capital gains tax on personal investments.
- Business activity: dealing in metal as a licensed or commercial business can fall under Corporate Tax.
Official sources: UAE VAT Executive Regulation (Cabinet Decision 52 of 2017), Article 36 · Cabinet Decision 49 of 2023 (natural persons). Rules checked on 12 Oct 2026.
FAQ
Is there VAT on gold in the UAE?
Not on investment gold: bars and bullion coins of at least 99% purity are zero-rated. Gold jewellery carries 5% VAT.
Is there VAT on silver in the UAE?
Silver of at least 99% purity in bullion form is zero-rated like gold. Silver jewellery and lower purity silver carry 5%.
Do you pay tax when you sell gold in the UAE?
No, as an individual investor. The UAE has no personal income tax or capital gains tax.
Is palladium zero-rated?
No. The zero rate covers gold, silver and platinum only, so palladium carries 5% VAT.
metalsradar.com compares precious metals prices and does not sell metal. This page explains the general rules for private individuals and is not tax advice. Your tax depends on your whole situation, so check it with a tax adviser or the tax office before you buy or sell.