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Income tax

The possession of physical precious metals is considered an investment for income tax purposes. Therefore, you must declare it in Box 3 of your income tax return (income from investments and savings). It is your responsibility as an individual to ensure proper filing. We do not actively provide data to the tax authorities, but they can request our records, like any other company. However, we are not a bank and thus do not have direct contact with the tax authorities.
 

Gold prices per year

DateAmount in EURO
01-01-2024 EUR 60.173,34 
01-01-2023 EUR 54.626,65 
01-01-2022 EUR 51.713,11 
01-01-2021 EUR 50.853,58 
01-01-2020 EUR 43.522 
01-01-2019 EUR 36.017 
01-01-2018 EUR 34.768 
01-01-2017 EUR 35.317 
01-01-2016 EUR 31.325 
01-01-2015 EUR 31.615,45 
01-01-2014 EUR 28.053,53 
01-01-2013 EUR 40.317,67 

Silver prices per year

DateAmount in EURO
01-01-2024 EUR 690,60 
01-01-2023 EUR 721,14 
01-01-2022 EUR 659,20 
01-01-2021 EUR 713,41 
01-01-2020 EUR 513,50 
01-01-2019 EUR 433,43 
01-01-2018 EUR 452 
01-01-2017 EUR 494 
01-01-2016 EUR 408 
01-01-2015 EUR 418,99 
01-01-2014 EUR 455,40 
01-01-2013 EUR 738,88 

Platinum prices per year

DateAmount in EURO
01-01-2024 EUR 29.283,54 
01-01-2023 EUR 32.436,04 
01-01-2022 EUR 27.211,77 
01-01-2021 EUR 28.790,70 

Palladium prices per year

DateAmount in EURO
01-01-2024 EUR 32.572,89 
01-01-2023 EUR 54.270,50 
01-01-2022 EUR 52.134,71 
01-01-2021 EUR 63.255,60 
 
The above prices are expressed in euros per kilogram. You can use these prices for reporting your income tax. The Silver Mountain accepts no responsibility for any errors and/or omissions that may occur in your tax declaration as a result of using this information.
 


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