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Free Gold Tool

Gold Profit Calculator

Work out what you actually made on a gold sale, from what you paid rather than from the price on the day. Add your own tax rate if you want the net.

Your numbers

Your gain

$2,000.00

Your cost basis is $6,000.00. You are taxed on the gain, not on the $8,000.00 sale.

Add your tax rate above to see what you would keep. We do not guess it, because it depends on where you live and how long you held the gold.
An estimate, not tax advice. Rates and rules differ by country and change over time.

Why it starts from what you paid

Your cost basis is what the gold cost you, not what gold was worth that day. Two people buying identical bars on the same morning can hold different bases, because one paid a higher dealer premium. Costs on the way in usually count toward it, which means they reduce the taxable gain, and leaving them out is the most common way people overstate their own profit.

The catch is proof. If you cannot show what you paid, a tax authority can treat your cost as zero and assess the whole sale as gain. Here is exactly what to keep.

Keep the proof, not just the number

Photograph a bar and FiLot records the invoice, the date, the weight, the purity and the serial, so the basis is still provable years later when it matters.

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