Gold Price in Italy Today

Italian gold jewellery has required mandatory hallmarking since 1968: every goldsmith's workshop must stamp a fineness number (such as 750 for 18K) alongside a five-pointed star, a registered identification number, and a two-letter provincial code. Unlike the UK or France, this mark is applied by the registered maker rather than an independent state assay office, with legal tolerance for only about 0.1% deviation from the stated purity.

Investment gold in Italy -- bars/wafers over 1 gram at 995+ fineness, and qualifying coins -- is VAT-exempt under Article 10 of Presidential Decree 633/72. Italy is separately considering a 2026 measure letting individuals pay a one-time 12.5% levy to certify undocumented gold, bullion and inherited jewellery for a clean future sale, replacing the current 26% tax on the full sale value of undocumented gold.

If you hold Italian gold, jewellery or coins without proof of purchase, the proposed 2026 certification scheme (a 12.5% one-time levy, payable in up to three installments through June 2026) is specifically designed to avoid the much steeper 26% tax that currently applies to the full sale value of undocumented gold -- worth tracking if the measure is finalised.

Investment gold (995+ fine bars/wafers over 1 gram, and qualifying legal-tender coins) is VAT-exempt in Italy under Article 10 of Presidential Decree 633/72. Under current rules, selling gold without proof of purchase triggers a 26% tax on the entire sale value rather than just the gain. A proposed one-time 12.5% (or, in an alternative version, 13%) levy that would have let holders certify undocumented gold's value instead was considered during the 2026 budget negotiations but was withdrawn and excluded from the final, approved Legge di Bilancio 2026 (approved 30 December 2025) — the standard 26% treatment remains in force.