---
title: Is the gold price for 22ct gold the same for bars and jewellery?
description: "No, the **gold price for 22ct gold bars and jewellery is not the same**—though both are based on the same market gold rate, **additional costs and purpose of use** create key differences in pricing. **Here’s why:** ### 1. 22ct Gold…"
url: "https://www.purejewels.com/faqs/gold-prices-rates/is-the-gold-price-for-22ct-gold-the-same-for-bars-and-jewellery/"
updated: "2026-04-20"
category: "Gold Prices & Rates"
---

# Is the gold price for 22ct gold the same for bars and jewellery?

No, the **gold price for 22ct gold bars and jewellery is not the same**—though both are based on the same market gold rate, **additional costs and purpose of use** create key differences in pricing.

**Here’s why:**

### 1. 22ct Gold Bars (Investment Gold)

- **Priced closer to the live gold rate** with minimal markup.
- Sold primarily as an **investment**, so bars are **VAT-exempt** in the UK.
- Cost per gram is more transparent and usually includes only a small premium for minting and packaging.
- Ideal for those wanting to store or resell gold in the future.

### 2. 22ct Gold Jewellery

Also based on the live 22ct gold rate, but the **final retail price** includes:

- **Craftsmanship (making) charges**
- **Design complexity**
- **Hallmarking**
- **VAT (where applicable)**

Jewellery is considered a **wearable luxury**, not a pure investment vehicle, so additional charges reflect its artistic and functional value.

### A Simple Comparison

| Aspect | 22ct Gold Bar | 22ct Gold Jewellery |
| --- | --- | --- |
| Purpose | Investment | Adornment/Luxury |
| Price Basis | Spot gold + small premium | Spot gold + making charges + VAT |
| VAT | Not applicable (in the UK) | Applicable |
| Resale Value | High liquidity | May vary (depends on design, condition) |

### 22ct Gold Bar

 **Purpose:** Investment **Price Basis:** Spot gold + small premium **VAT:** Not applicable (in the UK) **Resale Value:** High liquidity

### 22ct Gold Jewellery

 **Purpose:** Adornment/Luxury **Price Basis:** Spot gold + making charges + VAT **VAT:** Applicable **Resale Value:** May vary (depends on design, condition)