Places to buy silver gold in portugal

You can buy gold through banks, e.g. CGD bank:

https://www.cgd.pt/Particulares/montra- … atica.aspx

Get more information:

Eg. This company sells gold only to professionals (like CGD bank). They might be able to tell you more about legally certified gold trade companies:

https://albinomoutinho.com/

To sell gold, there are also shops on the street and in shopping centres.

Buying Gold in Portugal is for some reason very very expensive. I would have a look at a website called proaurum in Germany. Their prices are much better and closer to the international metals exchanges.

@JohnnyPT it is hard to open a bank account now as a must-have resident which can not now because SEF does not open appointment

so where i can buy bars out of banks

bars not any other type of gold

it is important to be careful about where you buy them: banks and jewellers are safe places to do so.

Try to inform yourself in these contacts in Lisbon:

OuroAvalia

https://www.ouroavalia.pt/buy-and-sell-gold/

NDD - next to INCM (Casa da Moeda), Imprensa Nacional Casa da Moeda

https://www.nnd.com.pt/index.php?option … Itemid=175

INCM (Casa da Moeda), Imprensa Nacional Casa da Moeda

https://loja.incm.pt/en/pages/as-nossas-lojas

https://loja.incm.pt/en

Here a question for JohnnyPT. When buying Gold bars in Portugal, do I need to pay IVA for my purchase? I noticed that the gold price for e.g. a 50g gold bar is much higher in Portugal than in Austria or Germany. The website www.proaurum.de provides up to date prices for gold (and other metals) and can serve as a basis.

The purchase of gold for investment purposes is exempt from VAT.

As investment, it is considered gold bars and some kind of coins, namely those which have legitimate circulation in their country of origin. The purchase of jewellery and other artefacts is subject to VAT. Gains on the sale of gold are not subject to capital gains tax.

https://www.deco.proteste.pt/investe/in … iscalidade

This OuroAvalia website says just that:

https://www.venderouroeprata.pt/compra- … rras-ouro/

Compre barras de ouro em Lisboa e invista num produto de qualidade e que tem a vantagem de, a nível fiscal, estar isento de IVA e de os ganhos na venda não estarem sujeitos a imposto sobre mais-valias.

In Portugal, the Gold & Silver reference prices are these:

https://www.aorp.pt/quotes?lang=en

Tom, pls share with us the price of gold in Germany and Austria.

Hi JohnnyPT,

as you know the price of gold is changing every day. But what I found today on the proaurum website is the following:

1 Ounce Gold Bars from Umicor or Heraeus are EUR 1790,50 (to buy) or EUR 1709,50 (to sell).

50 g  Gold Bars from Umicor or Heraeus are EUR 2879,00 (to buy) or EUR 2734,00 (to sell).

All to be confirmed on www.proaurum.de

It seems to me that prices are similar:

Umicor

2879 € /50 g = 57,58 €/gr

In Portugal, today, in this website: 56,607 €/gr

https://www.aorp.pt/quotes?lang=en

You probably have compared it to what the CGD bank charges. That CGD price is not a reference price, they are intermediaries (CGD is at the 2nd or 3rd or ..... intermediary level, I think), and have the profit margin they want.

In Germany, it will be the same.