Where to buy and sell gold in Belgium
Where to buy and sell gold in Belgium?
Gold has been in use for around 6,000 years. In times of uncertainty, history shows that we buy gold. No wonder, then, that it is recognized as a global safe-haven asset. 12.6% of Belgian households said they owned jewelry, works of art or antiques* as real assets. This figure has been rising steadily since 2018. Our French neighbors even hold the world record for gold hoarding, a true national tradition. But where to buy and sell gold? An overview of the yellow metal and the counters where you can buy and sell gold.
A little history... whereù we bring you'gold ?
Gold was discovered in late prehistoric times. The oldest known gold object dates back at least 5,000 years BC. It was the Egyptians who created the first gold mines, 3,000 years BC. These mines were located between Egypt, Sudan and Saudi Arabia, and their production was used in their transactions with neighbouring peoples. They were also the first to extract gold from the Nile and exploit open-cast deposits.
Gold has a rich symbolic value, depending on the culture. Throughout the ages and across many civilizations, the yellow metal has often been associated with religion, the sovereignty of territories and the minting of money by states: kingdoms, empires and republics. The first gold coin dates back to the 8th century BC.
Gold is the most prestigious of all precious metals, and is used today in art and crafts, mainly for jewelry, but also in industry, dentistry and luxury gastronomy.
According to the World Gold Council, all the world's gold, extracted from land and water, represents 177,200 tonnes, divided between jewelry (85,900 tonnes), savings (35,500 tonnes), the reserves of central banks and other official institutions such as the IMF (30,500 tonnes) and industrial applications (21,600 tonnes).
Buy and sell gold at a Comptoir d'Or in Wallonia
Gold can be bought and sold at the counters of most banking networks or stock exchanges, by jewellers, on Internet sites and at physical gold-buying counters. While the first 2 methods are often difficult and expensive to access, websites are often subject to scams. As for jewelers, their expertise is focused solely on... jewelry. Physical gold counters offer more flexibility to gold buyers and sellers.
Comptoir d'Or, a broker specialized in buying and selling gold
You can sell your old jewelry, dental gold, silverware, goldsmiths' and silversmiths' wares, as well as bars and coins for cash. Directly at his office, the gold broker will appraise your goods in front of you and offer you the best price.
A noble and precious metal, gold is a global safe-haven asset. Comptoirs d'Or can advise you and help you invest in gold by buying bars and coins to diversify your assets.
Some Comptoirs d'Or also buy your silver goods and precious stones. Like gold, you can also invest in silver. This is the case at Comptoir CaraOr in Rixensart, where you can buy or sell gold, silver and precious stones.
CaraOr, your Comptoir d'Or near younear you
As you can see, the advantage of a specialized gold buying and selling company is that you can sell all your gold goods securely. You don't have to worry about the specifics of each item and run to different service providers to appraise and sell them. What's more, some Comptoirs d'Or also offer to buy back other metals such as silver or precious stones.
Easier to access than a bank or the stock market, but above all less expensive in terms of fees, it's possible to invest in gold and silver by buying gold or silver ingots or coins directly from your local specialist store.
Your Comptoir d'Or et d'Argent in Rixensart, near Brussels in Belgium, offers you a free appraisal of your gold, silver and precious stone assets. We'll be delighted to advise you on your gold investment. Because your comfort and the security of your possessions are our main concerns, we welcome you to our specialized store with or without an appointment.
Point fiscalité: buying and selling gold in France and Belgium
In France, the flat-rate tax is 11.5%, applied to the total value of the asset sold. This tax penalizes the majority of French investors holding gold in France. It is also possible to opt for a 36.2% tax on the capital gain realized at the time of sale, provided you have a document attesting to the original price. Only jewelry is exempt from taxation under 5,000 euros.
In Belgium, in Brussels, Waterloo or Rixensart, Comptoirs d'Or are working well. No resale tax is levied. What's more, your anonymity is guaranteed if you pay in cash. As a result, there's a difference of between 15% and 20%** on the final price of gold between retailers specializing in buying and selling gold in France and Belgium.
*HFCS survey on Belgian household finances
**Capital article on buying and selling gold