Investment Gold

Physical gold of high purity, purchased mainly as a store of value and as protection against inflation and market risks, rather than as a raw material for jewellery or industry. The main forms are gold bars (99.5% purity or higher) and investment coins recognized by the Ministry of Finance and the Bulgarian National Bank. It is exempt from VAT throughout the European Union. Gold can also be invested in through financial instruments linked to gold, such as shares of gold mining companies, futures, exchange-traded funds (ETFs), mutual funds, and derivatives.