Belgium is preparing to launch its own gold coin, the “Belga Gold,” as demand for precious metals continues to rise globally. The move aims to provide a Belgian alternative to popular bullion coins like the American “Eagle,” the Canadian “Maple Leaf,” and the Austrian “Philharmoniker.”
“We believe that Belgium should not miss out on this group,” stated Filip Van de Velde, president of the FPS Finance. Giovanni Van de Velde, commissioner of the Monnaie Royale de Belgique (Royal Mint of Belgium), added, “More and more countries are looking to respond to the growing demand for gold.”
The “Belga Gold” will differ from traditional commemorative coins by having a value directly tied to the current market price of gold. “The price is constantly adjusted according to this rate,” the commissioner explained. This dynamic pricing structure positions the coin as a viable investment option for the public.
The coin will be available in two sizes. The larger version weighs 31.1 grams – one troy ounce, the standard unit for precious metals – and has a diameter of nearly 4 centimeters. A smaller version, weighing 7.78 grams (a quarter of an ounce), will also be offered, with a diameter of just over 2 centimeters.
The name “Belga” is a nod to a Belgian currency introduced in 1926 as part of a monetary reform designed to combat inflation following World War I. Primarily intended for international transactions, one Belga was then equivalent to 5 Belgian francs. The coins are currently available for purchase at www.piecescommemoratives.be.
The introduction of a national gold coin reflects a broader trend of countries seeking to capitalize on investor interest in safe-haven assets amid ongoing economic uncertainty. The Belgian government’s move could also stimulate domestic investment in precious metals.
