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Connecticut

Gold price in Connecticut

Spot is $4,609.65/oz right now. Spot is the same everywhere — what changes in Connecticut is the premium dealers charge over it and whether the state taxes the purchase.

Sales tax on bullion

Exempt from $1,000, taxed below it

State rate
6.35%
Exemption threshold
$1,000
Source read on
2026-08-16

What the tax would cost here

State rate only · local rates stack on top
On a $500 order
$31.75

Taxable at 6.35%

On a $1,000 order
$0.00

Exempt at the state level

On a $2,500 order
$0.00

Exempt at the state level

On a $10,000 order
$0.00

Exempt at the state level

A dealer only collects sales tax where they have nexus, so what you are actually charged can differ. Compare this against the premium spread below before optimising the smaller number.

How common is this answer

5 of 51 states treat bullion this way
  • Exempt34
  • No sales tax5
  • Above a threshold5
  • Taxed7

The rule, as Connecticut writes it

Connecticut exempts rare or antique coins, GOLD OR SILVER bullion, and gold or silver legal tender of any nation, traded according to its value as precious metal — but the exemption does not apply where the total value sold by the retailer is LESS THAN $1,000, so a $1,000 order qualifies and $999 does not. Platinum and palladium are not named in the exemption at all.

The state rate is 6.35%. Local rates are charged on top of it and are not included here.

Source: Connecticut General Statutes §12-412(45) — gold or silver bullion, legal tender, rare and antique coins · read on 2026-08-16

What this page cannot tell you

Whether tax is actually charged depends on the dealer, not only on where you live: a retailer collects sales tax in states where they have nexus.

Local city and county rates stack on top of any state rate shown here, and several exemptions cover investment bullion but not jewellery or collectibles sold well above melt.

What gold costs from the dealers we check

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24 more states with a sourced rule
Silver price and bullion tax in Connecticut →Every state’s rule on one page →

Tax information is a sourced, dated reading of a public document, not tax advice. Rules change; confirm with Connecticut before a large purchase. Flag image: public domain via Wikimedia Commons.