US Gold Import Duty – Quick Guide for Shoppers and Sellers

If you’re thinking about bringing gold into the United States, the first thing you’ll hear about is duty. It’s the tax the government charges when gold crosses the border. Knowing the rate, when you’re exempt, and how to file can keep surprise costs from ruining your purchase.

Most people assume gold is always taxed, but the reality is a bit softer. In most cases, pure gold (99.5% or higher) is duty‑free under the Harmonized Tariff Schedule. That means you usually won’t pay a percentage of the value, but you still have to file paperwork.

Current Duty Rates and Exemptions

The United States classifies gold under HTS code 7108. For bullion, coins, and bars that meet the 99.5% purity threshold, the duty rate is 0%. This exemption applies whether the gold is in a private shipment or a commercial import.

However, if the gold is mixed with other metals, such as gold‑plated items or jewelry that doesn’t meet the purity rule, a 5% duty can be applied to the value of the gold portion. That’s why it’s crucial to check the hallmark and purity stamp before you ship.

Even when duty is zero, you still have to report the shipment to U.S. Customs and Border Protection (CBP). The CBP requires an entry form, usually CBP Form 7501, and a commercial invoice that lists the weight, purity, and value of the gold.

How to Calculate and File Your Import

Step 1: Confirm the purity. Look for a BIS hallmark, a 999 stamp, or a certificate from a reputable assay office. If it’s 99.5% or higher, you’re in the duty‑free zone.

Step 2: Gather documents. You’ll need the original invoice, a packing list, and any certificates of authenticity. If you’re importing for personal use, a simple declaration may suffice, but commercial imports need a full entry.

Step 3: File the entry. Most importers use a customs broker to handle the paperwork. The broker will submit the CBP Form 7501, the invoice, and any other required forms. The broker also calculates any applicable taxes, like the Merchandise Processing Fee, which is usually a small flat fee.

Step 4: Pay any fees. Even if duty is zero, the CBP may charge a processing fee (around $25) and a possible Harbor Maintenance Fee if the shipment arrives by sea.

Step 5: Get your release. Once CBP clears the entry, they’ll release the gold to you or your broker. Keep all receipts and documents for future reference, especially if you plan to resell the gold.

Quick tip: If you’re importing gold coins that are also legal tender (like American Eagle or Canadian Maple Leaf), they’re automatically duty‑free, but you still need to report them.

Another tip: For smaller personal shipments under $10,000, you can often use the “personal effects” exemption, but you still have to declare the value on your customs form.

Remember, the biggest mistake people make is skipping the CBP declaration because the duty is zero. Skipping it can lead to fines, seizure, or delays that cost more than the gold itself.

To sum up, most pure gold you bring into the U.S. won’t face a duty charge, but you must follow the filing steps, keep proper paperwork, and be aware of small processing fees. Doing this saves you from unexpected costs and ensures your gold arrives safely.

If you’re still unsure, talk to a licensed customs broker or check the CBP website for the latest HTS code updates. Staying informed makes importing gold a hassle‑free experience.