What is the gold purchase certificate of authenticity ?

Gold was already circulating thousands of years ago as a currency. Where other currencies and precious metals have declined, gold has retained its monetary value and importance in the economic and financial system. As proof, central banks keep thousands of tons in their reserves, mining companies seek to extract ever more gold and the financial world has even had the idea of ​​selling “paper gold” (financial products which reproduce the price of gold).

By buying gold, you know that you are betting on a product that will retain its value, and more likely, that will see this value increase. Indeed, because the quantity of gold that can be extracted on Earth is not infinite, the precious metal is becoming increasingly rare. Its value will therefore only increase over the years and decades to come. This is all the more true as the gold market is minimal and strong demand for the gold metal will inevitably contribute to an increase in its value.

You should also know that gold is one of the only metals (along with silver in particular) that is recognized as a safe haven throughout the world. Owning gold is therefore a long-term investment, which benefits both French and foreign investors. Today, some countries are even starting to sell their paper currencies (dollar monetary reserves in particular) to buy physical gold.

The economic crisis of 2008 showed the fragility of the banking and financial system on a global scale. At the same time, the most popular investment products have low rates, which allow you to put money aside rather than earn it.

In such a context, gold allows you to preserve your heritage. When financial products fall, it remains a safe investment and even gains value.

We must therefore consider gold as a tangible asset, which makes it possible to cope with a financial crisis which has the consequence of devaluing other assets, such as shares on the stock market. However, it remains wise not to bet everything on the purchase of gold bars and coins, because other investment solutions prove to be more profitable and/or allow you to get rich in the short term. The key is to have diversified savings, to be able to take risks while always having a reliable fallback solution thanks to the yellow metal.

When you own or sell gold, this does not involve additional taxation. The sale of gold is not subject to income tax, the purchase of investment gold is exempt from VAT and its holding is not taken into consideration in the calculation of wealth tax real estate.

The only tax obligation occurs at the time of sale, in the form of a tax on precious metals or at the choice of a tax on capital gains (provided you benefit from official documents indicating the amount and date of purchase, among others). In this second case, a tax of 36.2% is levied, but only on the profits received. While this may seem like a lot, you should know that this tax is degressive, losing 5% each year, from the 3rd year. It even drops to zero if you sell your investment coins and bars after the 22nd year of ownership. In short, selling gold not only can cost you nothing, and even bring you big profits depending on the price of this precious metal.

It is also quite easy to transmit gold. When making direct donations, during life or as an inheritance, the transmission of gold within the family is subject to reductions or even exemptions.

Bank savings account unlockable under conditions, taxation on life insurance withdrawals, employee savings account blocked for several years: these are some examples of financial products that you can have, but which are not without constraint. In addition, you always have to go through an intermediary (the bank) to get your money. 

With gold, things are different. It is a tangible product, which you can store at home (or in a safe at the bank for added security) and transport as you wish. And when you want to carry out a project or face a financial problem, all you have to do is sell your gold to benefit from the amount in cash or in your bank account. 

Gold is no longer the prerogative of rich industrialists or upper class families. Today, anyone can decide to invest in physical gold.

Of course, at the price of gold in 2022 (around 55,000 euros for a kilo of gold¹), it is not within everyone's reach to buy a bar of 'or . Fortunately, smaller formats are available at more accessible prices, such as gold bars  of 5, 10 or 20 grams and gold coins.

Gold Union offers these products online, for investors who want to buy a few grams of gold or larger quantities. Each ingot, ingot or coin is sold at the best market price and has certification, which will allow you to resell your gold by opting for the capital gains tax if you wish.