Which states have no sales tax on silver and gold?
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Buying gold or silver? Where you live — or where you ship — could add hundreds of dollars to your purchase.
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MoneyWatch: Managing Your Money Which states have no sales tax on silver and gold? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Read Full Bio Angelica Leicht March 3, 2026 / 9:44 AM EST / CBS News Add CBS News on Google As economic uncertainty keeps investors searching for safe harbors, physical precious metals have moved from niche hobby to mainstream wealth strategy. In turn, gold's price has been surging over the past year, and particularly over the past few months, and plenty of investors are taking notice. But if you're planning to invest in physical gold , it's crucial to understand that the price tag on a gold bar doesn't always end at the spot price or the spot price plus dealer premiums. Depending on where you live, you could hand over an extra 5%, 7% or more in state sales tax before your gold bullion ever touches your hands. That said, the landscape has shifted dramatically in favor of precious metals investors over the past decade. While many states charge sales tax on precious metal purchases, over 40 states now offer full or partial sales tax exemptions on the investment-grade precious metals that you invest in. So, if you understand the rules, that knowledge could potentially be worth hundreds of dollars. So, which states have no sales tax on gold and silver — and what else should you know about the precious metals landscape right now? Below, we'll break down what you need to know before you buy in. Find out how to add gold and silver to your portfolio today . Which states have no sales tax on silver and gold? Five states ha...
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