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🇮🇹 Gold Price Today in Italy | €3,808
Live gold price in Euro (EUR) — updated every 5 minutes
Last updated: Jun 19, 2026, 12:40 AM ET
Per Gram (EUR)
€122.43
Per Troy Oz (EUR)
€3,808
Per Kg (EUR)
€122,433
USD/Gold Spot
$4,139.23/oz
USD/EUR Rate
1 USD = 0.92 EUR
EUR per gram
€122.43
Gold Market in Italy
Italy is Europe's largest gold jewellery manufacturer and one of the world's most important centres of fine jewellery craftsmanship. The cities of Vicenza, Arezzo, and Valenza are global hubs for gold jewellery production. The Banca d'Italia holds approximately 2,452 tonnes in gold reserves — the third-largest in the world.
Why do people in Italy buy gold?
Italian families traditionally view gold as "oro di famiglia" (family gold) — jewellery passed through generations as both adornment and wealth. Italy's gold jewellery exports are among the world's finest, valued for craftsmanship and design. Investment demand has grown as Italians seek alternatives to persistently low-yielding Italian government bonds.
Frequently Asked Questions — Gold in Italy
What is the gold price in Italy today in euros?
Italy uses the euro, so gold prices mirror the broader Eurozone EUR price. The LBMA benchmark converted to EUR is the reference rate. Prices are available from major Italian banks and dealers like Italpreziosi.
Is there VAT on gold in Italy?
Investment gold (bullion bars and coins meeting EU standards) is VAT-exempt in Italy under EU Investment Gold Directive. Gold jewellery is subject to 22% Italian VAT (IVA). Capital gains from investment gold may be subject to 26% substitute tax.
Is Italy's gold safe?
Italy's 2,452 tonnes are held primarily by the Banca d'Italia, with a portion stored at the New York Federal Reserve, Banca d'Inghilterra, and the BIS. Periodic debates in Italian politics about "monetising" the gold have raised concerns, but the reserves remain intact.
What makes Italian gold jewellery special?
Italian gold craftsmanship is renowned for its fine filigree, high polishing standards, and design sophistication. Arezzo and Vicenza are the two largest production centres. Italy's gold jewellery industry exports over €5 billion annually to global markets.