In order to start getting Gold Bullion, you’ll first need to complete the main questline for the Wastelanders expansion. This will net you a handful of Gold Bullion out the gate, but your quest doesn’t end there.

Gold Bullion is a new currency to grind over the long term, meaning you’re going to be at it a while to get anything worthwhile.

How to Get Gold Bullion in Fallout 76

There are two primary methods of obtaining this new currency:

Exchange Caps for Gold Bullion Press Treasury Notes into Gold Bullion

Between these two methods, you can obtain a maximum of 1,700 Gold Bullion per week.

How to Exchange Caps for Bullion

Head to The Wayward and seek out Smiley. He is willing to trade you Gold Bullion if you have the caps: 1,000 Caps, to be precise.

Smiley will trade you at an exchange rate of 1,000 Caps to 50 Gold Bullion.

His cap is 300 Gold Bullion per week, meaning you need 6,000 Caps to get the maximum amount from him each week.

How to Exchange Treasury Notes for Bullion

You’ll need to do this at Gold Press Machines, which you can find easily enough at either Crater or Foundation.

Treasure Notes can be obtained by either doing public events (two Treasury Notes each) or by doing quests for either the Settlers or Raiders factions (three Treasury Notes each).

You can exchange 1 Treasury Note for 10 Gold Bullion at a Gold Press, and do so up to 200 Gold Bullion per day.


Getting enough Gold Bullion for something you really want can take a few weeks, so be patient and get your grind on in Fallout 76 on a daily basis to meet your goals.

Be sure to check out some of our other Fallout 76 guides here on GameSkinny.

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