All GBA Stores will be CLOSED from the 22nd of December 2023 and will REOPEN on the 15th of January 2024
Last day of shipping will be Thursday the 14th of December 2023
Shipping will resume on the 22nd of January 2024 GBA Miami will be closing early on Friday the 8th of December at 3pm
The store is open Monday to Friday, 9.00am until 5.00pm with the exception of public holidays and a number of days during the Christmas and New Year period. These dates will be advertised on our website.
Yes – once you have completed the purchase process and confirmed your order, the prices are locked and your order becomes a legally binding contact. You will receive an email confirming your purchase with all the information you will need to make your payment.
Orders placed this way will be confirmed via an emailed contract. Once accepted, this becomes legally binding.
Either – the choice is entirely yours.
Making sure you have a secure place to store your purchases is very important – treat your bullion as if it were cash. If you do not wish to assume the risk of storing it yourself, GBA has a fully custodial, custom built vaulting facility at Gold Bullion Australia Treasury Reserve (GBATR). We can arrange for the automatic vaulting of your bullion purchase within a high security facility so you can buy and store your bullion with confidence, assured that your investment is safely secured, and fully insured at all times.
There are different storage options available with varied cost structures, so please contact us if you would like to discuss your options.
You can access all details of your investment including valuation, transactions and holdings via our Metal Account Statements.
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.
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.
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.
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.
This is a question for your financial adviser, as it depends on the type of asset and the requirements as stated in your SMSF Trust. Generally, collectable items such as coins are required to be stored and insured at a purpose built secure environment rather than held by the trustees.
Although Serial numbered bars greatly assist with SMSF auditing procedures, they do come at a higher cost and are not mandatory. Many auditors insist that SMSFs demonstrate their bullion holdings are being stored safely and at arms-length. The vaulting services provided by Gold Bullion Australia Treasury Reserve (GBATR) are becoming increasingly popular, and they meet these strict SMSF storage guidelines no matter which product you choose.
It is wise to speak with your financial adviser regarding the type of product and the investment strategy. At GBA we see many SMSF investors purchasing cast bars and pooled allocated due the cost effectiveness and ability to regularly top up investments.
Bullion stored with Gold Bullion Australia is covered by insurance for its full replacement value. The custom built vault and our showroom facility are highly secure. Regular audits are conducted at the facility, to confirm compliance, accuracy and transparency. You can login to our secure website to have access to metal account statements to confirm details of your account holdings at the time of purchase, at the end of the financial year, and on request.
Certainly – your entire bullion holdings are welcome – regardless of where you purchased them. You will be issued a receipt when you deposit them, and they will form part of your metal account statements when they are issued.
All bullion stored with GBA is covered by insurance for its full replacement value. The custom built vault and showroom facility are highly secure. Metal account statements are issued regularly to confirm the details of your holdings, as well as their current market value.
Gold Bullion Australia has been trading for over 36 years. Our team is experienced and renowned for being friendly and helpful. We are an Australian owned and operated company with strong values, high integrity and a mission to help you invest in precious metals without stress.
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, gold.org, as a good place to start.
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.
Certainly. All personal transactions and collections take place at the GBA Head Office in Miami, QLD. Collections in other capital cities may be able to be arranged by appointment only. Please contact us to discuss.
If neither you nor your nominated agent is available to sign, the parcel will either be returned to the depot where you may collect it or arrange a redelivery. If the parcel weighs less than 2kg it will be carded to your local post office. Please note that insurance cover ceases after the first delivery attempt or on depot collections not completed within a reasonable time frame.
Orders weighing less than 5kg travel on an overnight service to metropolitan areas, sometimes a little longer to regional areas.
Parcels weighing more than this travel by road and arrive between 2 & 5 days, depending on the location.
GBA uses reliable and insurance approved 3rd party couriers and as such cannot be held liable for delays or non-performance.
You are required to facilitate payment within 24 hours ( or the first business day after a weekend or holiday). You will not be held responsible for delays in the banking system, which can sometimes take up to 2 days processing time.
If you buy or sell bullion with a value that exceeds $5,000.00, the law stipulates that you register as a customer. You can do this in person or online. The information that you provide is confidential and may only be released without your consent via subpoena or court order.
The Government body AUSTRAC stipulates that all businesses who are at risk of facilitating terrorism financing or money laundering be able to identify their customers. This includes banks, funds remitters, casinos and bullion dealers.
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.
Investment grade bullion ( 9960+ for gold and 9950 + for silver) is exempt from GST in Australia. Please note that the vast majority of world coins designed for circulation are below this purity and will have GST applied to them. Please ask if you have any questions regarding coin products.
The only difference between brands is that some carry extra serial numbers in addition to their mandatory bullion stamps. Some brands that are imported will cost more to reflect the expense of their importation.