HS Code for Unwrought gold

Unwrought gold for non-monetary purposes is classified under HS code 7108.12. Chapter 71 of the Harmonized System covers natural or cultured pearls, precious stones, and precious metals. Gold classification is determined by its purity, its physical form, and its intended use. Subheading 7108.12 is specifically for gold in unwrought forms, such as bars, ingots, nuggets, or grains, provided they are not in powder form and are not intended for monetary use by central banks. The "unwrought" designation applies to gold that has been cast or otherwise produced in primary shapes but has not undergone semi-manufacturing processes like rolling or drawing into wire. This code is critical for international trade as it distinguishes industrial or investment-grade bullion from gold used in currency or manufactured jewelry.

Products Included

• Gold ingots and bars (non-monetary)
• Gold nuggets and grains
• Gold cast bars for investment
• Unwrought gold alloys (where gold predominates)
• Gold dore bars

Common Misclassification

The most common misclassification involves HS code 7108.11, which is specifically for gold powder. While both are unwrought, the physical state of powder requires a different code. Another frequent error is using HS code 7108.20, which is reserved for monetary gold held by official authorities. Additionally, if the gold has been worked into plates, sheets, or wire, it must be classified under 7108.13 as semi-manufactured gold rather than unwrought gold.

FAQ

What is the HS code for unwrought gold?

The HS code for non-monetary unwrought gold (excluding powder) is 7108.12.

Is gold jewelry classified under this code?

No, finished jewelry made of gold is classified under heading 7113. HS code 7108.12 is strictly for the raw, unwrought metal.