HS Code for Bullion Gold ≥ 99.95% Purity

TL;DR: The **HS code for bullion gold ≥99.95% purity** is 7108.12 in the 2025 HS codes guide. No global WCO changes until 2027, but verify regional updates like GCC 12-digit codes and EU CN for tariff compliance 2025.

What is the HS Code for Bullion Gold ≥99.95% Purity?

The **HS code for bullion gold ≥99.95% purity** standardizes international trade classification under the Harmonized System.

In the 2025 HS codes guide, this high-purity gold falls under Chapter 71 for precious metals.

Accurate classification prevents customs delays and ensures proper duties.

Primary HS Code 7108.12 Explained

HS code 7108.12 covers non-monetary unwrought gold bullion ≥99.95% purity** in 2025.

  • 71: Natural/cultured pearls, precious stones, metals
  • 7108: Gold unwrought or in powder form
  • 7108.12: Non-monetary gold bullion

This code applies globally per WCO standards.

2025 Regional HS Code Changes for Gold Bullion

Key 2025 HS code changes impact gold shipments regionally**, not core classifications.

Region2025 HS UpdateImpact on 7108.12 Gold
GCC Countries12-digit HS codes mandatoryExtended digits for local tariffs
European UnionCombined Nomenclature updateSubheading verification needed
United StatesDe minimis threshold changesIncreased e-commerce scrutiny
Global WCONo revisions until 20277108.12 remains stable

Source: WCO official resources.

How 2025 HS Code Changes Affect Gold Trade

2025 HS code changes bring stricter compliance for precious metals shipments**.

  • Regional extensions add digits beyond 6
  • E-commerce faces new declaration rules
  • Tariff rates tied to precise classification
  • Customs automation requires exact matches
  • Audits increase for high-value goods

Investment Grade Gold Bullion Requirements 2025

Gold qualifies as investment grade at ≥99.95% purity per 2025 HS codes guide**.

  • Known as "four nines" purity
  • Forms: bars, ingots, select coins
  • Requires assayer certification
  • LBMA Good Delivery standard
  • Excludes monetary gold (7108.11)

Step-by-Step: Classify Bullion Gold HS Code 2025

Follow these steps to find the correct HS code for bullion gold ≥99.95% purity**.

  1. Confirm purity certificate shows ≥99.95%
  2. Verify non-monetary unwrought form
  3. Select HS 7108.12 from 2025 HS codes guide
  4. Check regional extensions (GCC, EU)
  5. Declare accurately on commercial invoice

2025 case study: Trader avoided 20% penalty digit extension early.

Common HS Code Mistakes for Gold Bullion

Avoid these pitfalls when using HS code 7108.12 for high-purity gold**.

  • Confusing with monetary gold (7108.11)
  • Ignoring regional digit extensions
  • Under-declaring purity levels
  • Skipping purity documentation
  • Misclassifying semi-manufactured (7108.13)

Global Gold Trade Statistics HS 7108.12

HS 7108.12 drives billions in annual gold bullion trade** under 2025 standards.

  • Above-ground stocks: 197,000+ tonnes
  • Central bank holdings: ~20%
  • Major hubs: London, New York, Shanghai
  • LBMA daily price benchmark
  • Growing investment demand 2025

FAQ: HS Code for Bullion Gold ≥99.95% Purity

Frequently asked questions about 2025 HS classification for high-purity gold bullion.

  • What is the exact HS code for bullion gold ≥99.95% purity? HS 7108.12 classifies non-monetary unwrought gold bullion ≥99.95% worldwide.
  • Are there 2025 changes to gold bullion HS codes? Core 7108.12 unchanged, but GCC requires 12-digit extensions.
  • What purity level uses HS 7108.12? Minimum 99.95% (four nines) qualifies as investment grade bullion.
  • How do EU countries classify gold bullion 2025? Use Combined Nomenclature extending HS 7108.12.
  • What documents prove gold purity for customs? Include assayer certificate and lab analysis with commercial invoice.
  • Is monetary gold same HS code as bullion? No, monetary uses 7108.11; bullion is 7108.12.
  • Do e-commerce gold shipments need full HS codes? Yes, especially post-US de minimis changes 2025.
  • When is next WCO HS revision after 2025? Stability maintained until 2027 revisions.
  • What if gold purity is exactly 99.95%? Qualifies for 7108.12 with proper certification.
  • How to verify regional HS code extensions? Consult national customs databases using base 7108.12.

Resources for HS Code Compliance

For tariff compliance assistance, consider tools like FreightAmigo. Book a Demo or contact: enquiry@freightamigo.com | HK: +852 24671689 | CHN: +86 4008751689 | USA: +1 337 361 2833.

. Sources: World Customs Organization, World Gold Council.