What are the benefits of including physical gold and silver in your investment portfolio
Physical gold and silver are an asset class, just the same as shares, bonds or property. The golden rule of a balanced portfolio is to spread your assets over a number of classes, thus maximizing potential returns and reducing risk. Gold and silver do not correlate directly with other asset classes, which means they can afford your portfolio a natural “shield” from the same effects that the market has on assets that are strongly correlated.
For centuries, gold and silver have been seen as a safe haven from currency deflation, and as an unrivaled preservation of wealth – an attitude which persists today.
This explains why in the current economic climate, more and more people are investing in these metals. Please explore the graphs in our website to review historical metal prices.
Who invests in precious metals?
The various types of clients who invest with us range from small individual investors to companies, trusts and self-managed superannuation funds. Unfortunately, we are unable to advise you in relation to your own investment decision as we do not hold a financial adviser’s licence. If you’re a first time investor you may want to consult with your accountant or a financial planner. With the rising uncertainty in the world, history has proved time and again that owning gold and silver is an excellent way to preserve an individual’s wealth. It’s important for both experienced and new investors to keep up to date with market news, and we recommend the World Gold Council’s website, invest.gold.org, as a good place to start.
Can you arrange for items to be melted down or refined?
Refining is a process where gold jewellery, natural gold nuggets or alluvial dust, which contains additives or impurities is melted, the impurities removed and pure gold returned. Please contact our public trading office who will be able to provide more information about this service and associated costs.
Does GBA buy back precious metal based on current market rate?
Yes, we buy back based on the current market rate. We can assist you with the couriering and insurance of your physical metal back to our public trading office. Upon receiving it, we’ll purchase your bullion back at a price based on the current market rate.
If you store your metal with GBATR, send a letter indicating your intention to sell and a sales representative will be in contact with you to assist with the buy-back process of your metal.
How do I sell back my precious metals?
One of the benefits of investing in real gold and silver, is you can cash back as quickly as you can purchase.
If you need to access cash or it’s just the right time to sell your precious metal, all you need to do is:
- Step 1. Visit the GBA website to view our live price list
- Step 2. Contact us to confirm you wish to sell your items
- Step 3. Arrange your items to be delivered to GBA. We can arrange a courier or you can bring them to our showroom.
We always buy back bullion and have the cash for fast processing no matter what size the transaction. We don’t differentiate between type and brands for buyback prices, and our expert staff will be able to confirm weight and purity once we have the items.
What happens once we agree on a buy back price?
Once you have spoken with our team and agreed on a buy back price, you have a business day to get the items to us. Please note that while we can lock in a price we cannot guarantee that price until your items have arrived. Once you decided you want to sell your items, we can arrange a courier or you can bring them to our showroom in Miami, Gold Coast.
The spot price is constantly changing, if there are delays getting your items to us, please keep us informed so we can discuss any price movements.
Payment can be settled by a direct deposit transfer into your nominated bank account or we can pay cash to you in person.
How are the prices calculated?
Gold and silver prices are based in USD (the current world reserve currency) and the spot price is the paper share price that the metals are traded for globally. Spot prices must be converted into local currency and premiums added to cover manufacturing and distribution costs.
Our website has live sell and buy back pricing, or our friendly and experienced staff can quote a price for you.
Visit our showroom or contact us today for quick, easy, competitive, and stress-free selling.