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Am I required to file a tax return

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.

The rates listed below are expressed in euros per kilogram. To determine the value of your assets, use these rates combined with the weight of the precious metals you own. Please note that the tax authorities always use the rates of January 1st.

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.

 

Gold prices per year

Date Amount in EURO
01-01-2026 EUR 118.333,46
01-01-2025 EUR 81.515
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

Date Amount in EURO
01-01-2026 EUR 1.954,21
01-01-2025 EUR 897,50
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

Date Amount in EURO
01-01-2026 EUR 55.445,38
01-01-2025 EUR 28.790,70
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

Date Amount in EURO
01-01-2026 EUR 44.747,44
01-01-2025 EUR 28.279,14
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 


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Filing your income tax return for your precious metals

For your income tax return, it is important to use the annual reference value of investment gold. This reference value is the official value used by the tax authorities to assess the value of investment gold as of 1 January of the tax year. If you would like to know the reference value for the current year and how to report it in your tax return, please consult our page on the annual valuation of investment gold for tax purposes.