
Golden Bar: Gold Bullion vs Vape in Ireland (2025)
The same two words describe a 12.4 kg gold brick worth over €850,000 and a disposable vape that costs under a tenner. This guide clears up what each actually means and what matters if you’re in Ireland looking to buy, tax, or vape anything called golden bar.
Current gold spot price (March 2025): ~$2,165 per troy ounce ·
Standard gold bar weight: 400 troy ounces (12.4 kg) for LBMA good delivery ·
VAT on investment gold in Ireland: Exempt (0%) ·
Rarest metal on Earth: Rhodium (about 30 times rarer than gold) ·
Gold bar purity (retail): 99.9% (24 carat) ·
Popular golden bar vape flavors: Watermelon, Mint, Strawberry
Quick snapshot
- Gold bar bullion: 24k, 99.9% pure (BullionByPost Ireland bullion dealer)
- Golden Bar vape: disposable e‑cigarette with flavours (MakeMyVape UK vape trade guide)
- Also a cocktail bar in Dublin (The Golden Bar) (BullionByPost Ireland bullion dealer)
- Spot price + premium (LBMA global benchmark authority)
- 1 oz bar approx €2,000 (March 2025) (BullionByPost price guide)
- Exempt from VAT when buying investment gold (Irish Revenue tax guidance)
- VAT exemption for 99.5%+ purity bars (Irish Revenue investment gold rules)
- CGT 33% on profits (Irish Revenue CGT)
- Consider storage and insurance (Irish Revenue investment gold rules)
- Rhodium: 30× rarer than gold (USGS mineral statistics)
- Gold Bar vape flavors: watermelon, mint, mango (Vapely Irish vape retailer)
- Legal for 18+ only (Irish Revenue EPT guidance)
A few key numbers, one pattern: the same label “golden bar” splits into two worlds with completely different price tags, tax treatments, and regulatory regimes.
| Fact | Value | Source |
|---|---|---|
| Gold purity (investment bars) | 99.9% (24 carat) | BullionByPost Ireland bullion dealer |
| Standard retail bar weight | 1 oz to 1 kg | LBMA good delivery rules |
| Current spot price (March 2025) | $2,165 / oz (~€1,990) | LBMA pricing data |
| VAT on investment gold in Ireland | 0% (exempt) | Irish Revenue EU directive |
| Rarest metal (crust abundance) | Rhodium (0.000037 ppm) | USGS geological survey |
| Golden Bar vape nicotine strength | 20 mg/ml (5%) | MakeMyVape UK vape trade guide |
What is a golden bar?
Gold bar vs golden bar
- A gold bar (bullion) is a refined bar of gold typically 99.9% purity (24 carat), as offered by BullionByPost Ireland bullion dealer.
- “Golden bar” can also refer to a disposable vape device sold under the Gold Bar brand, which comes in flavours like Watermelon Ice and Strawberry Banana (Vapely Irish vape retailer).
- The term is also used for a cocktail bar in Dublin (The Golden Bar), but our focus is on the two product meanings.
Standard gold bar sizes and purity
- Retail gold bars range from 1 gram to 400 troy ounces (LBMA good delivery standards).
- Investment bars are stamped with weight, purity, and refiner mark.
Golden bar vape: a different product
- Gold Bar disposable vapes are nicotine-salt devices with 20 mg/ml strength, regulated under the EU Tobacco Products Directive (MakeMyVape UK vape trade guide).
- They are illegal to sell to minors and are subject to Ireland’s new E-Liquid Products Tax (EPT) starting 1 November 2025 (Irish Revenue EPT guidance).
The vape product’s name borrows the lustre of gold bars, but the retail price floor is about to jump 150%+ thanks to the 2025 EPT. Irish vapers who reach for a “golden bar” will pay nearly double from November 1.
How much is a gold bar in Ireland?
Current gold price in Ireland
- The price of a gold bar in Ireland is based on the international spot price plus a premium (markup) set by dealers (LBMA pricing data).
- One ounce gold bars as of March 2025 cost around €2,000-€2,100 (depending on dealer and premium) (BullionByPost price guide).
- Larger bars (1 kg) have lower premiums per ounce.
- Prices fluctuate daily with the London Bullion Market Association (LBMA) fix.
Factors affecting gold bar price
- Spot price (global benchmark) – derived from LBMA LBMA benchmark authority.
- Dealer premium (covers fabrication, shipping, margin).
- Market demand and geopolitical factors.
Buying vs selling price
- Dealers quote a buy-back price lower than selling price (spread).
- Premiums are typically 1–5% for bars, higher for fractional sizes.
Is gold tax free in Ireland?
VAT on investment gold
- Gold bars and coins of 99.5% purity or higher are exempt from VAT in Ireland under the EU Investment Gold Directive (Irish Revenue exemption rules).
- Personal use gold (jewelry) is subject to VAT at 23%.
Capital Gains Tax on gold profits
- Capital Gains Tax (33%) applies to profits when selling gold, unless held in a tax-advantaged account (Irish Revenue CGT rules).
- Each individual has an annual CGT exemption (€1,270 in 2024).
How to buy gold tax-free in Ireland
- Purchase investment bars (≥99.5% purity) from LBMA-approved dealers to enjoy VAT exemption.
- Consider storage in a vault (non-VAT) or at home (insured).
VAT exemption saves 23% upfront, but the 33% CGT on profit means gold needs to appreciate around 10% just to break even on a short-term trade. For long-term holders, the maths works better.
What metal is 30 times rarer than gold?
Rarer metals than gold
- Rhodium is approximately 30 times rarer than gold in the Earth’s crust (USGS mineral statistics).
- Other rare metals include iridium, osmium, ruthenium, and are often more costly than gold.
Uses of rhodium
- Primarily used in catalytic converters for vehicles (USGS industrial uses).
- Also used in electrical contacts and jewelry plating.
Why rhodium is more expensive than gold
- Extreme scarcity (crust abundance ~0.000037 ppm) plus high industrial demand.
- Price can be 10x gold or more – reached ~$20,000/oz in 2021.
What flavour is gold bar vape?
Gold Bar vape flavors list
- Gold Bar disposable vapes come in flavours such as Watermelon Ice, Strawberry Banana, Mint, and Mango (Vapely Irish vape retailer).
- Flavour profiles vary by manufacturer and batch.
Nicotine content and legality
- The device typically contains 20 mg/ml nicotine salt (5% nicotine) (MakeMyVape UK vape trade guide).
- Sale to minors is illegal under the Public Health (Tobacco) Act.
Where to buy Gold Bar vape and the new tax
- Gold Bar vapes are available at vape shops and online retailers in Ireland and the UK.
- From 1 November 2025, Ireland’s E-Liquid Products Tax (EPT) adds €0.50 per ml of e-liquid (Irish Revenue EPT guidance).
- A 2ml Gold Bar vape (pre-filled) will cost an extra €1.00 + VAT on the excise, pushing retail prices higher (Black Note vape trade analysis).
- Trade commentary projects a 10ml refill could rise from ~€6 to ~€12.50 (LinkedIn analysis trade source).
Northern Ireland sellers are not subject to the Republic’s EPT (Vaporlinq cross-border notice). Cross-border online purchases may avoid the tax, but customs enforcement could close that gap. For now, the price divide is real and growing.
Timeline signal: Key dates for gold and golden bar vape
- 2000: Gold price ~$280/oz (LBMA historical data)
- 2011: Gold peaks at $1,920/oz (LBMA historical data)
- 2020: Gold reaches all-time high of $2,075/oz (LBMA historical data)
- March 2025: Gold trades near $2,165/oz (LBMA pricing data)
- 2024: EU reaffirms VAT exemption for investment gold (Irish Revenue EU directive)
- October 2023: Ireland announces vape tax alongside cigarette price increases (Tobacco Reporter industry coverage)
- 1 November 2025: Ireland’s E-Liquid Products Tax (EPT) takes effect, adding €0.50/ml (Irish Revenue EPT guidance)
- 1 October 2026: UK vaping duty begins (Vape Superstore UK retailer guide)
Confirmed facts
- Gold is exempt from VAT in Ireland for investment bars (≥99.5% pure) (Irish Revenue exemption)
- A standard LBMA gold bar weighs 400 troy ounces (LBMA good delivery)
- Rhodium is approximately 30 times rarer than gold in the Earth’s crust (USGS mineral statistics)
- Gold Bar vapes contain 20 mg/ml nicotine and are restricted to adults (MakeMyVape UK vape trade guide)
What’s unclear
- Future gold price predictions – no certainty (LBMA no forward guidance)
- Exact premium above spot varies by dealer and bar size
- Long-term nicotine addiction risk from Golden Bar vapes not fully established (Filter health policy coverage)
What the experts say
We stock a wide range of gold bars available at low premiums above spot. All of our gold bullion bars are pure 24 carat/999 gold, and manufactured by LBMA-approved refiners.
BullionByPost website (Ireland bullion dealer)
Good delivery gold bars must weigh 400 troy ounces (12.4 kg) and have a minimum fineness of 99.5%.
London Bullion Market Association (global benchmark authority)
Investment gold (bars and coins of 99.5% purity) is exempt from VAT in Ireland under EU Directive.
Irish Revenue Commissioners (tax guidance)
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facebook.com, eirhorse.com, eliquids.ie, greetvape.co.uk, revenue.ie
The term ‘golden bar’ can refer to both a gold bullion bar and a vape product, as golden bar meanings explained explains in detail.
Frequently asked questions
How much does a 1 oz gold bar cost in Ireland right now?
As of March 2025, a 1 oz gold bar costs approximately €2,000–€2,100 from Irish bullion dealers, depending on the premium. Prices move with LBMA spot fixings (LBMA pricing data).
Can I sell my gold bar back to a dealer in Ireland?
Yes, most bullion dealers in Ireland offer buy-back at a small discount to the spot price. Expect a spread of 3–5% depending on the bar size and purity.
Is it better to buy gold bars or gold coins for investment?
Bars typically have lower premiums than coins, but coins may be easier to liquidate in smaller amounts. Both are VAT-exempt if they meet purity requirements (Irish Revenue guidance).
What is the minimum weight gold bar I can buy?
Retail gold bars start at 1 gram, though 1 oz or 10 g are common entry sizes. Smaller bars carry higher relative premiums.
Do I need to pay Capital Gains Tax when selling gold bars in Ireland?
Yes, profits from selling gold bars are subject to Capital Gains Tax at 33%, though each individual has an annual exemption (€1,270 in 2024).
Where is the safest place to store gold bars?
Options include a home safe (need insurance), bank safe deposit box, or professional vault storage. Vault storage adds costs but protects against theft.
Are there any restrictions on buying gold bars online in Ireland?
No restrictions for adults. Ensure the dealer is LBMA-approved to guarantee purity and secure shipping.
How do I verify the purity of a gold bar?
Look for an LBMA-assayed stamp, purity mark (e.g., 999.9), and the refiner’s logo. Reputable dealers provide certificates of authenticity.
For the Irish investor, the choice between “golden bar” products is stark: a physical gold bar at ~€2,000 per ounce, VAT-free, but attracting 33% CGT on gains; or a Golden Bar vape at ~€8 after the 2025 EPT, with no investment return but immediate consumption. The vaper in the Republic faces paying up or crossing the border – a trade-off few expected when the product first hit shelves.