Buy physical gold and silver in Valencia
VAT-free investment gold and physical silver, in your name, held in custody at Loomis and with buyback when you sell. We are official SilverGold consultants in Valencia: we see you in person and the contract is signed with SilverGold Patrimonio, in your name.
Idle savings, value slipping away.
Money in the bank loses purchasing power, and buying gold on your own has its pitfalls.
Idle savings lose value
With inflation, money in an account buys a little less every year. For centuries physical gold has been the store of value that does not depend on a bank and is not a financial product.
Not all gold is investment gold
Only bars and coins that meet the legal requirements are VAT-exempt. A poorly chosen coin or an excessive premium eats into the capital gain from day one.
Keeping it and selling it well
Keeping metal at home has its risks, and selling without an invoice or to someone who does not know the market costs you. Custody and the way out are planned before you buy.
Gold, right now.
International gold, silver, platinum and palladium prices, and how they have moved over the last ten years.
Rhodium and osmium are not traded on a futures market like these four metals: we give you a fixed written price on the day you buy.
See the gold and silver price today, and what you really pay →
Source: international spot price (gold-api.com), prices of the COMEX gold and silver futures and the NYMEX platinum and palladium futures and the ECB exchange rate. Prices per troy ounce or per gram. For information only, not an offer to buy or sell.
Five steps, from savings to metal.
You always know what you are buying, at what price and where it is.
Consultation and profile
We talk about your goal, your horizon and how much you want to allocate. We tell you frankly whether metal fits your case. The first consultation is free.
Written proposal
We propose the split between gold and silver, the format (bar or coin) and the size, with the price fixed at that day's quote.
Contract and payment, directly with SilverGold
You sign the order form and the contract in your name with SilverGold Patrimonio, and you transfer the money directly to SilverGold: Equus never receives your money. Payment completes the purchase and you receive the invoice in your name. Keep it: it proves your purchase price on the day you sell.
Custody at Loomis
The metal is held in Loomis vaults, in your name and insured, without depending on a bank. If you would rather keep it yourself, you can ask for it to be delivered to you.
Follow-up and buyback
If you want to build your position bit by bit, we work out with you a SilverGold Compra Periódica (regular purchase) plan, from €100 a month in gold or €50 in silver, suited to your goal and your time horizon. If you have, say, €200 a month, we work out with you how to split it between gold and silver. When you want to sell, it is bought back with a written offer and you are usually paid in about 48 hours (between 24 and 72; the contract sets a maximum of 7 days).
Gold for wealth, silver to get started.
| What we decide | How we think about it |
|---|---|
| Gold or silver | Gold is for building and preserving wealth. Silver lets you start small, from €50 a month, but it carries 21% VAT and its price moves more, so it usually weighs less. |
| When to give silver more weight | The gold/silver ratio tells you how many ounces of silver one ounce of gold costs. When that gap widens a lot, silver is cheap compared with gold: it can make sense to put part in silver and switch it to gold later, when the ratio narrows or you have more capital. How much depends on the moment and on your case. We explain it in silver or gold. |
| Bar or coin | In medium and large sizes, a bar gives you more gold for every euro. A coin is easier to split and easy to resell in any country. |
| Monthly or all at once | If you save every month, the Compra Periódica plan, from €100 a month in gold. If you already have capital, an initial purchase and, if you like, regular purchases afterwards. |
| How much a month | What you can set aside without needing it for years. Metal is not for money you will need soon. |
Every step, with a name.
Equus Capital is the trading name of Entrecometes, S.L. (tax ID B-02786648). In precious metals we are official SilverGold consultants in Valencia.
| What | Who |
|---|---|
| What you buy | Bars of 999.9 fineness, stamped by a refiner on the LBMA Good Delivery list |
| Advises you and prepares the proposal | Equus Capital (Entrecometes, S.L.), official SilverGold consultants in Valencia |
| Signs the contract with you, in your name | SilverGold Patrimonio |
| Receives your money | SilverGold Patrimonio, by direct bank transfer. Equus never receives your money |
| Owns the metal | You |
| Holds it | Loomis, in its vaults, in your name |
| Insures it | The metal is insured while in custody |
| Buys it back | SilverGold, and you are paid in about 48 hours |
Selling or withdrawing, with the terms in writing.
| Question | Answer |
|---|---|
| What price do I get when I sell? | The previous day's closing price on the US market, minus a contractual 0.5% selling commission. Your metal passes to a new client coming into SilverGold, where new contracts come in every day, and the commission covers the change of holder. If at any point there were no buyer, SilverGold undertakes to buy it back for its own inventory at the Invermoneda price minus the discount set in the contract (between 1% and 5%). Any logistics costs are set out in the written offer. |
| How long until I am paid? | About 48 hours; usually between 24 and 72, depending on the transaction. The contract sets a maximum of 7 days. |
| And when the contract ends? | SilverGold sells your metal and only charges a success commission if it sells for at least 2.5% more than you paid: between 0.25% and 1%, depending on how much it has risen. You can also extend the contract or ask for the metal to be delivered to you. |
| Can I take my metal home? | Yes. You can ask for it to be delivered to you. |
| What if I have a monthly plan and want to stop? | You can pause it and pick it up later whenever you like, with 15 days' notice, and cancel it after the first year. The metal you have already bought stays yours; if you would rather have the money, it is bought back with the contractual 0.5% selling commission. |
| And when I buy, what do I pay? | The market price plus a charge covering commission, transport and custody. It weighs less the bigger the piece: a 1 kg bar is not the same as a 1 g one. |
| What is the risk? | Gold and silver prices go up and down. What you pay above the quote when buying, plus the commission when selling, mean you can lose money over short periods. |
When we are not your best option.
If we do not think physical metal makes sense for you, we will tell you. These are the clearest cases.
| If… | You are better off with |
|---|---|
| You only want to track the gold price, without owning metal | A gold exchange-traded fund: buying and selling costs less, although nothing physical is in your name. |
| You want a single coin to keep at home | A trustworthy shop may be enough, as long as you check the invoice and the price per gram. |
| You will sell within a few months | Not buying: what you pay above the quote and the commission when selling make a gain hard over short periods. |
| You want a guaranteed gain | A different product: gold and silver prices go up and down, and nobody can guarantee you a gain. |
| You want silver to sell it soon | Waiting or choosing gold: silver carries 21% VAT that you do not recover when selling, so it needs more time to make up for it. |
Gold at 0 % VAT, silver at 21 %.
Investment gold is exempt from VAT in Spain and throughout the European Union. To qualify, a bar or wafer must have a minimum fineness of 995 thousandths; a coin must have at least 900 thousandths, have been minted after 1800, be or have been legal tender in its country and be sold for no more than 80 % above the value of its gold.
Silver has no such exemption: it is bought with the standard 21 % VAT, which a private individual does not recover on sale. That is why silver needs more price growth to compensate and, in most portfolios, we recommend giving it less weight than gold. We explain it in investment gold and VAT.
| Format | Minimum fineness | VAT | What it is for | Price |
|---|---|---|---|---|
| Gold bar | 995 thousandths | 0 % | Most gold per euro in medium and large sizes | At the day's price |
| Gold coin (Krugerrand, Maple Leaf, Philharmonic) | 900 thousandths | 0 % | Divisible and easy to resell worldwide | At the day's price |
| Silver bar | 999 thousandths | 21 % | More upside in bull cycles, with more volatility | At the day's price |
| Silver coin | 999 thousandths | 21 % | An entry into silver with little capital | At the day's price |
Price fixed in writing before each purchase, based on that day's quote and the format you choose. All our bars are 999.9 fine and carry the stamp of an LBMA Good Delivery refiner.
Beyond gold and silver, four more metals.
SilverGold works with gold, silver, platinum, palladium, rhodium and osmium, as bars and other bullion formats. Gold and silver are the base of almost any holding in metal. The other four have a smaller market and, except for osmium, a price closely tied to industry, so if you add them, we recommend keeping them to a small share.
| Metal | Purity | VAT | What drives its price | Keep in mind |
|---|---|---|---|---|
| Gold | Bars at least 995 fine; coins, 900 | 0 % (investment gold) | A store of value for central banks and investors worldwide | The widest market: it sells worldwide |
| Silver | 999 fine | 21 % | Investment and, to a large extent, industrial use | Usually more volatile than gold, and a private buyer does not get the VAT back on sale |
| Platinum | 999.5 fine | 21 % | Car catalytic converters, industry and jewellery | A smaller market than gold; its price follows industry closely |
| Palladium | 995 fine | 21 % | Mainly catalytic converters for petrol cars | Has seen very sharp rises and falls |
| Rhodium | 999.5 fine | 21 % | Car catalytic converters; very little is produced | Priced off refiners' reference prices, not an exchange: very volatile, with few buyers |
| Osmium | Depends on the piece, with its certificate | 21 % | A very small market of collectors and investors | Not traded on an exchange: ask first how and at what price it is bought back |
Only investment gold is VAT exempt; for the other metals we show the standard VAT on a purchase in Spain. The live price of platinum and palladium is on today's gold and silver price. If one of these metals interests you, we explain the format, storage and buyback before you buy, with a fixed written price.
Buy, keep and sell well.
- Advice on format and on the split between gold and silver
- Fixed written price
- Invoice in your name
- One-off or regular purchases (from €100 a month in gold or €50 a month in silver)
- Custody at Loomis, in your name
- Physical metal you own, not a financial product
- Other custody arrangements depending on your volume
- Buyback of the metal
- Tax advice on the sale
- Exit planning
- Metal in inheritances: how inherited gold is taxed
Six ways to buy, always in your name.
These are SilverGold Patrimonio's purchase services. We help you choose the one that fits your goal and your time horizon, and we also tell you which one does not suit you.
One purchase, in one or several metals. You can extend the contract, add extra contributions and sell all or part of it whenever you like; before the end of the contract, with the 0.5% commission.
Purchases every month, quarter, half-year or year, from €100 a month in gold or €50 in silver. You can pause it whenever you like, with 15 days' notice, and cancel it after the first year; the metal already bought stays yours.
An initial purchase with planned partial sales: each month you receive the proceeds of part of the metal. It can be combined with a Regular Purchase.
Long-term regular purchases, from 10 years upwards, with retirement in mind.
Gold, silver, platinum or palladium bullion coins, bought whenever you like or at regular intervals.
Contracts SilverGold opens at specific moments in the market, such as Expert Purchase or Golden Chance, each with its own amounts, terms and conditions. They are for people who already know metals well, and some cannot be cancelled before maturity.
In all of them you sign the contract directly with SilverGold Patrimonio, the metal is identified in your name and held in custody in the Loomis vaults (in some contracts, part of it in SilverGold's own vaults) and every year you receive a summary of your transactions for your tax return. The exact conditions are those of the contract you sign.
A clear price before you pay.
The purchase is completed as soon as you accept the proposal and payment is received, and we confirm in writing the date it enters custody. To sell, the buyback is formalised with a written offer and you are usually paid in about 48 hours (between 24 and 72; the contract sets a maximum of 7 days).
Price fixed in writing before you pay: that day's market price plus a charge covering commission, transport and custody, which weighs less on larger pieces. The first consultation is free.
The same drive that gallops is your capital gain.
Real client cases in physical gold and silver. Tap any one for the full details.
Real, anonymised historical transactions and capital gains. They do not guarantee future results: any investment in real assets involves risks, including the possible loss of capital.
All about physical metal.
If your question is not here, we answer it in the first consultation, free of charge.
No. Bars of at least 995 thousandths and gold coins that meet the legal requirements are VAT-exempt in Spain. We explain it in investment gold and VAT.
Nothing. Equus does not charge clients for buying gold or silver: it is paid by SilverGold, as its official consultant in Valencia. You pay SilverGold the price and charges set by your contract, by direct transfer, and Equus never receives your money.
Equus Capital, at Av. Giorgeta 43 in Valencia. You are looked after by Óscar Ferrer García, CEO of Equus and official SilverGold consultant, together with Estela Gisbert Vallés, a lawyer who is also a SilverGold consultant. Roberto Contreras Bravo, SilverGold consultant and supervisor on the team, works from the Palma office.
Silver is bought with the standard 21 % VAT, which a private individual does not recover on sale. That is why it usually carries less weight than gold in a portfolio.
The gain, sale price minus purchase price, is taxed under Spanish income tax (IRPF) as a capital gain in the savings base, from 19 %. There is no tax-free minimum and your purchase invoice is your best proof. We explain it in how much gold you can sell without declaring it.
In the Loomis vaults, insured, in your name and without depending on a bank. Before it goes there, SilverGold scans every piece and records the seal of the bag holding your metal, and gives you an annex with the details and a photo of your pieces. If you prefer another arrangement, we work it out with you according to how much you invest.
Yes. The buyback is paid at the previous day's closing price on the US market, minus a contractual 0.5% selling commission, and you are usually paid in about 48 hours (between 24 and 72; the contract sets a maximum of 7 days). Your metal passes to a new client coming into SilverGold, where new contracts come in every day, and the commission covers the change of holder. If at any point there were no buyer, SilverGold undertakes to buy it back for its own inventory at the Invermoneda price minus the discount set in the contract (between 1% and 5%). Before you go ahead we advise you on the tax on the sale.
All our bars are 999.9 fine and carry the stamp of a refiner on the LBMA Good Delivery list, the association that sets the London market standard. We explain it in physical gold certification.
You can pause it and pick it up later whenever you like, with 15 days' notice, and cancel it after the first year. SilverGold's Compra Periódica plan starts at €100 a month in gold or €50 in silver. The metal you have already bought is yours: you keep it in custody or, if you would rather have the money, it is bought back at the previous day's closing price on the US market minus the contractual 0.5% selling commission.
With SilverGold Patrimonio, in your name. Equus Capital (Entrecometes, S.L.) advises you as official SilverGold consultants in Valencia, and the metal is held insured in Loomis vaults.
The rights under the contract pass to your heirs, who only need to prove to SilverGold that they are the heirs. Meanwhile the metal stays identified and in custody, and if it comes to that, we help your heirs with the inheritance.
Single Purchase, Regular Purchase, Vision Purchase (one purchase with planned partial sales), a long-term Senior Plan, Coin Club for coins and one-off issues for people who already know metals well. We help you choose the one that fits your goal.
A medium or large bar gives more gold per euro; recognised coins are divisible and very liquid. We compare them in gold bars or coins.
Yes. Besides gold and silver, SilverGold also works with platinum, palladium, rhodium and osmium. They carry 21 % VAT, have a smaller market than gold and their prices move a lot, so we recommend keeping them to a small share. We explain the format, storage and buyback before you buy.
ReviewReviewed by Óscar Ferrer García, CEO and founding partner · Real assets: metals and real estateUpdated September 2026
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