RE: silvergoldstackers
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In France, it's a 20% capital gains tax for 5 years, then 10% from 5 to 10 years, 5% from 10 to 22 years, then nothing, at least for investment gold. Otherwise, jewelry, etc., is tax-free (VAT paid by the purchasing jeweler).
But we're guaranteed to get it back at least at the purchase price after 10 years if the price has dropped in the meantime.
You can also use it as collateral for a loan if you don't have enough (not my case !LOL ) .
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