INFORMATION QUESTIONS

FREQUENTLY ASKED QUESTIONS

What is the spot price?

The spot price is the current market price at which a commodity, in this case precious metals such as gold and silver, can be bought or sold for immediate settlement. It represents the price at which the metal can be traded “on the spot” or right away, rather than for future delivery.

What is a troy ounce?

A troy ounce (31.1035g), often abbreviated as “t oz” or “oz t”, is a unit of mass used in the precious metals industry that dates back to the Middle Ages. It is based on a pound of 12 ounces, as opposed to the traditional 16.

How can I purchase bullion?

ou can buy gold and silver in a number of weights, styles, and sizes through our online store, or by visiting us at one of our four locations across South East Queensland.

Do I have to make payment today?

In order to lock in the price of your bullion, we require payment to be made at the time of purchase. Bullion prices can fluctuate in response to market changes, and your invoice may need to be adjusted if payment is not received on the day of your purchase.

Is there a limit to how much I can buy?

No, you can order as little or as much as you like, subject to product availability.

Why are some products only available in-store?

Due to storage, stock, shipment and other factors, we do not offer some products online. If you are unable to visit us in-store, send us an enquiry and we will work with you to find a solution.

What is the difference between cast bars and minted bars?

Minted bullion incurs a premium due to the manufacturing process involved. They often have a polished, more refined appearance. If you are unbothered by the presentation of the bullion you are purchasing, cast bars can be a more cost effective option.

Can I purchase bullion for my Self-Managed Super Fund?

Yes. We offer a range of SMSF services, including secure storage and auditing. Visit our SMSF page for more information.

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