Gold Price in Brazil Today

Jewellery sold in Brazil is regulated under INMETRO's Consolidated Technical Regulation (Portaria No. 123 of 2021), issued by the National Institute of Metrology, Quality and Technology, which sets binding limits on lead and cadmium content rather than mandating a purity hallmark. 18-karat gold is the dominant standard for fine jewellery, reflecting a preference shared across several Latin American markets with historic European colonial ties.

Brazil taxes gold as a financial asset through the IOF (Tax on Financial Operations) rather than a simple sales tax, at a general rate of 0.38% on the relevant transaction, alongside IPI (a federal manufactured-goods tax) which ranges from 5% to 18% depending on the product. 2026 is a transition year for Brazil's broader VAT reform, with ERP and e-invoicing systems adapting to new tax rules.

Brazil's gold tax structure layers several distinct levies (IOF, IPI, and standard sales taxes) rather than one simple VAT-equivalent rate, so a retail gold or jewellery price in Brazil can be harder to decompose than in a single-VAT market -- ask for an itemised receipt before assuming the full price reflects only the metal value.

Gold treated as a financial asset in Brazil is subject to IOF (Tax on Financial Operations) at 1% under Lei nº 7.766/1989, Article 4º, while manufactured gold products can carry IPI (a federal excise-style tax) ranging from 5% to 18%. Brazil's 2026 tax year is a pilot period for a broader VAT reform still being phased in, so this structure is expected to change as the reform progresses — confirm current rates before a large transaction.