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SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand. SPOT PRICE :
  • Gold

    AUD $

  • Platinum

    AUD $

  • Silver

    AUD $

PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand. PHYSICAL PRICE :
  • Gold

    AUD $

  • Platinum

    AUD $

  • Silver

    AUD $

Gold Surges Above US$4,500 as Dollar and Bond Yields Fall

Gold Surges Above US$4,500 as Dollar and Bond Yields Fall

Spot gold has surged above US$4,500 per ounce for the first time since early June, as falling US bond yields and a weaker US dollar provide fresh support for the precious metal. Gold jumped sharply on Wednesday, with spot prices rising around 4% to US$4,508.28 per ounce, while gold futures gained approximately 3.3% to US$4,567.94.…

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What Does the Collapse of Fiat Purchasing Power Mean for the Man in the Street

What Does the Collapse of Fiat Purchasing Power Mean for the Man in the Street?

The monetary system sounds complicated. The consequences are not. Talk about the Federal Reserve. Talk about Nixon closing the gold window in 1971. Talk about fiat currencies, monetary expansion and US$353 trillion of global debt. It can all sound like something that belongs in an economics textbook. But there is a much simpler question:

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price, premium, spread or resale value of any physical bullion product.

The Physical Bullion Spread: Why the Price You Pay for Gold Is Not the Price You Sell It For

Understanding the difference between spot price, physical bullion premiums and the buy-back price When investors look at the gold price, they often see a single number quoted as the spot price. But if you actually buy or sell physical gold, you quickly discover that there is more than one price. There is the international spot…

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