Our current buy back price for this item is $83,633 AUD
Pool allocated means you are investing in a share of our gold bullion reserves, fully managed, stored and vaulted by us at no additional cost.
The benefits of this type of ownership are that you can purchase at the lowest possible price with the added benefit of not having to physically store the bullion yourself.
Once you purchase your pool allocated bullion from our online store, you will be setup with an online investors account where you can purchase gold bullion per gram, or per ounce for any weight above 10 grams. You can also sell your bullion holdings at any time or withdraw your gold as physical gold bars.
To withdraw you only need to pay the ‘top up gap’ difference between the two products. IE 1oz Gold bar $2,850 - 1oz Pool Allocated $2,830. $2,850 - $2,830 = $20 Withdraw gap.
Please note the Pool and Physical prices move in sync together with the world spot price. The price ultimately ends up the same as having bought the physical gold bar to begin with.
Our online investors account allows you to buy / sell pool allocated bullion or withdraw your pool allocation as physical gold bars online 24 hours a day / 7 days a week.