Why does a gold coin cost more than the gold rate?
A gold coin costs more than the gold rate because its price includes the gold’s metal value at the live rate, plus a making charge, premium and GST.
The gold rate reflects the value of the metal, not the full price of a finished coin.
The total price is worked out as: metal value at the live rate + making charge + premium + GST. The live rate can change, so check it when you are considering a purchase.
In short
- The gold rate is the metal-value component, not the complete coin price.
- Making charge, premium and GST are added to the metal value.
- Check the live rate rather than relying on an older quoted figure.
Last reviewed 27 September 2026 by the AIB desk.
