Tax Efficiency Drives Gold Demand in 2025

Demand for tax-free gold has soared in the wake of tighter Capital Gains Tax rules introduced last October. At Solomon Global alone, we have seen inquiries jump 72% from late 2024 to the first half of 2025. New data from over 14,000 website registrants shows that 42% of investors now cite tax efficiency as their main reason for considering gold, up from 38% in the previous period. In the UK, investment-grade gold is VAT-free, and Royal Mint bullion coins are also exempt from Capital Gains Tax, with no limit on tax-free gains. Wealth protection was the second most common motivation at 26%, followed closely by annual growth at 25.8%. Interest in gold as an inflation hedge remained steady at just under 6%. Gold’s performance has matched investor optimism: prices rose more than 40% between July 2024 and June 2025.

“Investors are becoming more aware of gold’s unique tax benefits,” said Paul Williams, Managing Director at Solomon Global. “It’s not just about diversification anymore – it’s a smart, tax-efficient response to rising economic pressure.”

Further reading: CGT Changes Have Fuelled Gold Investment – Yahoo Finance | CGT Changes and Gold Investment – London Loves Business Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Buying physical gold as an investment involves risk, as the value of precious metal prices can be volatile. Historical financial performance does not necessarily give a guide of future financial performance. We recommend that you conduct your own independent research and seek professional tax, legal and financial advice before making any investment decisions.