Where to Buy Gold in Belgium

Where to Buy Gold in Belgium

Where to Buy Gold in Belgium: Best Local & Online Stores

Where to Buy Gold in Belgium: Belgium, a small yet economically vibrant country in Western Europe, offers a variety of options for those looking to invest in gold.

Whether you’re a seasoned investor seeking to diversify your portfolio or a beginner intrigued by the allure of precious metals, knowing where to buy gold in Belgium is key to making a safe and cost-effective purchase.

With its strategic location, favorable tax policies, and a growing market for physical gold, Belgium stands out as an attractive destination for gold buyers.

Why Buy Gold in Belgium?

Before diving into the “where,” it’s worth understanding why Belgium is a compelling choice. Unlike some neighboring countries, Belgium imposes no VAT (value-added tax) or capital gains tax on investment-grade gold, such as bars and coins with a purity of 99.9% or higher.

This tax advantage can save buyers significant amounts compared to places like France, where a 10% tax applies to gold transactions.

Additionally, Belgium’s central location in Europe makes it accessible for both residents and visitors from nearby countries, and its reputable dealers ensure quality and authenticity.

Where to Buy Gold in Belgium: Physical Stores

For those who prefer a hands-on experience, Belgium boasts several trusted physical locations to buy gold. These stores allow you to inspect items, ask questions, and walk away with your purchase immediately.

Antwerp: The Diamond and Gold Hub

Antwerp is world-renowned for its diamond trade, but it’s also a hotspot for gold. The city’s Diamond District, near the Central Station, is home to numerous jewelers and precious metal dealers.

Shops like Argentor (Pelikaanstraat 62, Antwerp) specialize in gold bars and coins, offering products from LBMA-certified refineries like Umicore and Metalor.

Argentor provides insured delivery or in-store pickup, catering to both small and large investors. Another option is Rayar (Grand Sablon, though primarily in Brussels, it has an Antwerp presence), which buys and sells gold coins and bars with a focus on competitive pricing.

Brussels: Capital Convenience

In the capital, GFI Gold & Forex International (Zuidstraat 105, Brussels) stands out as a veteran in the gold market, with over 30 years of experience.

GFI offers a range of gold products, from coins like the Krugerrand to Umicore bars, with transparent pricing updated in real-time online.

They also provide secure storage through their GFI Safe service with Brink’s, ideal if you don’t want to take gold home. Smaller shops along Zuidstraat also sell gold, though it’s wise to verify their reputation first.

Liège: Regional Expertise

In eastern Belgium, Orobel (Rue de la Casquette 31, Liège) is a well-regarded dealer offering gold bars and coins at competitive rates. Orobel emphasizes discretion and caters to both local and international buyers, with delivery options across Belgium. Their online platform syncs prices to global gold rates, ensuring fairness.

Local Jewelers and Pawnshops

Beyond major dealers, local jewelers and pawnshops in cities like Ghent, Bruges, and Willebroek (e.g., Edelmetaal Richard at Dendermondsesteenweg 62) sell gold coins and small gold bars.

These are often more accessible but may charge higher premiums due to lower volume. Always check purity and ask for certificates of authenticity.

Where to Buy Gold in Belgium

Online Platforms: Convenience and Variety

For those who value convenience or live far from major cities, buying gold online in Belgium is a popular option. Reputable dealers ship directly to your door, often with insurance, though delivery fees may apply.

However, for even better deals and competitive market prices, consider buying gold online in Africa with Buy Gold Bars Africa Limited.

We offer high-quality gold at unbeatable rates, secure transactions, and reliable shipping. Other online stores to consider include;

Argentorshop.be

Based in Antwerp, Argentor’s online shop is a go-to for gold bars (2.5g to 1kg) and coins like the Australian Kangaroo or Canadian Maple Leaf.

Prices are updated every minute to reflect global spot prices, and they offer free pickup in Antwerp or insured delivery (free for orders over a certain threshold, typically €15,000). Their LBMA-certified products ensure tradability worldwide.

Silvergoldbull.be

Silver Gold Bull Belgium provides a wide selection of gold coins, bars, and rounds, appealing to both investors and collectors. They source directly from mints like the Royal Canadian Mint, guaranteeing authenticity.

Shipping is discreet and fully insured, with competitive pricing and excellent customer service, as reflected in online reviews.

Umicoregoldshop.be

Umicore, a globally recognized refiner based in Belgium, sells directly to consumers via its online platform. Their gold bars (100g to 1kg) come with certificates and 99.99% purity, making them a premium choice. Shipping is limited to Belgium and Luxembourg, with prices reflecting their high-quality production standards.

Orobel.biz

Orobel’s online store, linked to its Liège shop, offers real-time pricing on gold bullion and coins. It’s particularly appealing for its no-tax advantage and international delivery options, though local buyers can pick up orders in-store. The site is user-friendly, with detailed product descriptions.

Goldrepublic.com

While not exclusively Belgian, Gold Republic serves Belgian customers with tax-free gold purchases and secure storage options in vaults across Europe. It’s ideal for those who want to buy and store without handling physical gold themselves.

Alternative Options

  • Banks: Some Belgian banks, like KBC or BNP Paribas Fortis, offer gold bars or accounts, but availability varies, and premiums can be higher than specialized dealers. Check with your branch, as not all provide physical gold.
  • Auctions and Private Sellers: Platforms like eBay or local auctions occasionally list gold, but these carry risks of fraud or overpricing. Verify authenticity and avoid deals that seem too good to be true.
  • Cross-Border Purchases: For larger gold quantities, some Belgians travel to Freiburg, Germany, to dealers like Edelmetalle Direkt, where anonymous cash purchases up to €9,999 remain legal under German law. This option works within the Schengen Area’s €10,000 customs limit but requires planning and transport arrangements. Alternatively, buyers seeking better prices and larger volumes often look beyond Europe — to Africa — where gold is sourced directly at competitive rates. For trusted, certified gold purchases from Africa, we recommend ourselvess, Buy Gold Bars Africa Limited, a reputable supplier for global clients.ng.

Gold price in Belgium

The global spot price for gold is approximately $3,675 per troy ounce (31.1035 grams), or $118.15 per gram, with an EUR/USD exchange rate of ~1.10, yielding a spot price of €107.41 per gram.
Retail prices in Belgium, a major gold trading hub (e.g., Antwerp), typically include 3-8% dealer premiums, and investment gold is VAT-exempt.
Below is the table with current 24K gold prices in Belgium, based on sources indicating a retail price of ~€100.08–€100.92 per gram and €3,112.80–€3,139.20 per ounce.
Updated 24K Gold Prices in Belgium 

Unit
24K Price (EUR)
1 g
€101.50
1 oz
€3,155.30
1 kg
€101,500.00

Prices reflect spot gold; final purchase costs may include added premiums or fees.

Gold price in Belgium per tola

The current 1 tola (≈12.5 g) of 24K gold in Belgium trades at approximately €1,060–€1,065, equivalent to €85–€86 per gram (24K). Prices may vary daily, with weekly fluctuations around €3–€5 per tola

Comparing the Gold price in Belgium with that in Africa 
The global spot price for gold is approximately $3,675 per troy ounce (31.1035 grams), or $118.15 per gram, with an EUR/USD exchange rate of ~1.10, yielding a spot price of €107.41 per gram.
Retail prices include dealer premiums (3-8% in Belgium, 1-3% in Africa) and are VAT-exempt for investment gold in Belgium.
African prices reflect local production and lower premiums. Below is the updated table with current 24K gold prices per gram and per kilogram in EUR.
24K Gold Price Table Comparison: Belgium vs. Africa 

Location
Price per Gram (EUR)
Price per Kilo (EUR)
Belgium
€101.50
€101,500.00
Ghana
€94.50
€94,500.00
Uganda
€93.64
€93,640.00

BBuy gold from us today for unbeatable prices, ethical sourcing from Kenya and Uganda, and secure global shipping. 

Practical Tips for Buying Gold in Belgium

  1. Check Purity and Certification: Investment gold should be at least 99.9% pure (24 karat) and come with a certificate from an LBMA-accredited refiner (e.g., Umicore, Valcambi). This ensures resale value.
  2. Compare Premiums: Dealers add a premium over the spot price (e.g., 2-8%). Online platforms like Argentor or GFI often have lower premiums than small shops.
  3. Payment Methods: Cash is accepted up to €3,000 due to anti-money laundering laws; larger purchases require bank transfers or card payments. Confirm policies with the seller.
  4. Storage: Decide whether to take gold home (requiring a safe) or use dealer storage (e.g., GFI Safe, Gold Republic vaults). Bank safe deposit boxes are another option.
  5. Timing: Gold prices fluctuate daily. Monitor spot prices via sites like goldpricez.com (e.g., €92.66/gram on April 2, 2025) to buy during dips.
  6. Safety: For online buys, ensure the site is secure (HTTPS), and check reviews. For in-person purchases, visit during daylight and avoid sharing plans publicly.

Costs and Considerations

A 1-ounce (31.1g) gold coin, like a Krugerrand, might cost €2,900-€3,000, including a 5-8% premium, while a 100g Umicore bar could range from €9,200-€9,500. Delivery fees (€10-€35) apply unless you pick up in-store or exceed free shipping thresholds. Storage fees, if opted for, vary (e.g., GFI charges quarterly on a sliding scale).

In conclusion, Belgium offers diverse and reliable options for buying gold, from Antwerp’s bustling trade hubs to user-friendly online platforms like Argentorshop.be and Umicoregoldshop.be.

Whether you prioritize tax savings, convenience, or hands-on shopping, there’s a solution tailored to your needs. Start by researching dealers, comparing prices, and deciding on storage—then take the plunge into this timeless investment.

With its blend of accessibility and quality, Belgium remains a golden opportunity for gold buyers in 2025.

Kenya Gold Exports

Buying Gold in Africa Online from Belgium

For Belgian gold investors, purchasing 24K gold online from Africa through Buy Gold Bars Africa Ltd. offers a cost-effective alternative to local markets, where prices hover at €101.50 per gram (September 2025). Africa’s gold-rich nations like Ghana (€94.50/gram), Uganda (€93.64/gram), and Mali (€93.64/gram) provide high-purity gold at 7–8% lower costs due to direct sourcing and lower premiums, saving €70–€80 per 10 grams compared to Belgium’s retail prices.

Why Buy from Africa?

  • Competitive Pricing: Africa’s abundant gold supply and minimal middlemen reduce costs. For example, 1 kg costs ~€93,640 in Uganda vs. €101,500 in Belgium, saving ~€7,860.
  • High Purity: Buy Gold Bars Africa Ltd. offers LBMA-certified 24K gold bars (99.9% pure) from trusted refineries in Ghana, Uganda, and South Africa, ideal for investment or resale in Belgium’s VAT-exempt market.
  • Cultural Fit: 24K gold aligns with Belgium’s preference for high-purity investment products, perfect for portfolio diversification or hedging against inflation (4–5% annually).

How to Buy Safely Online:

  1. Contact Buy Gold Bars Africa Ltd.:Contact us via email or Whatsapp for real-time quotes on gold bars (1g–1kg), coins, or nuggets.
  2. Verify Authenticity: Request assay reports and certificates of origin to ensure 99.9% purity, compliant with Belgium’s import standards.
  3. Secure Transactions: Use escrow services or staged payments to minimize risks. Avoid unverified sellers offering below-market prices (e.g., $50/gram scams).
  4. Regulations: African exports require permits (e.g., Ghana: 5% royalty, Uganda: 5% duty). Belgium’s imports are VAT-exempt for investment gold but need customs declarations (over €10,000). Buy Gold Bars Africa Ltd. handles documentation for compliance.
  5. Shipping: Secure air freight via Brinks or Malca-Amit ($600–$1,200/kg, 5–8 days to Belgium) includes 1–3% insurance. Total shipping costs: ~€700–€1,500/kg.

gold export regulations and shipping costs of gold from Africa to Belgium

For Belgian gold investors looking to import 24K gold from Africa, understanding export regulations and shipping costs is crucial for a secure and cost-effective process. Sourcing from Africa via Buy Gold Bars Africa Ltd. offers significant savings compared to Belgium’s retail prices (€101.50/gram in September 2025), with African prices ranging from €93.64–€94.50/gram in Uganda, Ghana, and Mali.

Gold Export Regulations: Africa to Belgium

  1. African Export Regulations

    :

    • Licensing: Exporters need a gold export license from local authorities (e.g., Ghana’s PMMC, Uganda’s DGSM, South Africa’s SADPMR). Requirements include business registration, proof of legal sourcing, and AML/KYC compliance.
    • Documentation: Key documents include:
      • Export Permit: Issued by mining ministries (e.g., Tanzania: 6% royalty + 1% clearing fee; Ghana: 5% royalty).
      • Assay Report: Verifies 99.9% purity for 24K gold, issued by accredited labs like PMMC or Rand Refinery.
      • Certificate of Origin: Ensures gold is not from conflict zones, per OECD guidelines.
      • Commercial Invoice and Packing List: Details quantity, value, and destination.
    • Taxes and Duties: Export duties vary (e.g., Mali: 3%, Uganda: 5%). Some countries require selling a portion to central banks (e.g., Zimbabwe’s Fidelity Printers).
    • Challenges: Smuggling risks (e.g., DRC) and regulatory changes necessitate working with licensed dealers like Buy Gold Bars Africa Ltd. to avoid delays or confiscation.
  2. Belgian Import Regulations:
    • VAT Exemption: Investment gold (99.9% pure bars/coins) is VAT-exempt in Belgium, but imports require a customs declaration via the Port of Antwerp, using Customs Procedure Code 40 00 073.
    • Customs Duties: No import duties apply for gold from most African countries under EU trade agreements, but declarations are mandatory for shipments over €10,000 (FinCEN 105 equivalent for EU).
    • AML Compliance: Importers must provide proof of funds and gold origin to comply with EU anti-money laundering laws.
    • Antwerp World Diamond Centre (AWDC): While focused on diamonds, AWDC guidelines influence gold imports, emphasizing ethical sourcing.

Shipping Costs: Africa to Belgium

  1. Preferred Method: Air freight is standard for gold due to speed (5–8 days) and security. Sea freight is less common, used for bulk shipments (15–30 days).
  2. Cost Breakdown:
    • Air Freight: $550–$1,100/kg via couriers like Brinks or Malca-Amit (e.g., Ghana to Belgium: ~$600/kg, South Africa: ~$800/kg).
    • Insurance: 1–3% of gold value (e.g., €1,015–€3,045 for 1 kg at €101,500).
    • Security: Armored transport and GPS tracking add €100–€300/shipment.
    • Customs Fees: Belgian clearance is minimal (€50–€100); African export fees range from €500–€3,000 (e.g., PMMC certification in Ghana: €1,500–€3,000).
    • Total Cost: For 1 kg, expect €1,200–€4,500, including shipping, insurance, and export fees.
  3. Factors Affecting Costs: Shipment weight, distance, fuel price volatility (5–10% impact), and geopolitical risks.
Contact Buy Gold Bars Africa Ltd. today to secure 24K gold at competitive rates, delivered safely to Belgium. Verify prices daily due to market fluctuations.

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