Abstract: City Gold Bullion is an Australian company that started in 2024. ASIC or any other recognized financial authority does not have any rules about it. The company sells actual bullion, such as gold, silver, platinum, and palladium, in both bars and coins. They also sell high-end items from PAMP, ABC, and Perth Mint.
City Gold Review Summary | |
Founded | 2024 |
Registered Country | Australia |
Regulation | No regulation |
Trading Products | Gold, Silver, Platinum, Palladium Bullion and Coins |
Demo Account | ❌ |
Trading Platform | / |
Minimum Deposit | / |
Customer Support | Phone: 1800 4653 88 |
City Gold Bullion is an Australian company that started in 2024. ASIC or any other recognized financial authority does not have any rules about it. The company sells actual bullion, such as gold, silver, platinum, and palladium, in both bars and coins. They also sell high-end items from PAMP, ABC, and Perth Mint.
Pros | Cons |
Offers a wide range of bullion types | No regulation |
Physical products from reputable mints | No demo accounts |
Live pricing and buyback available |
City Gold is based in Australia, but the Australian Securities and Investments Commission (ASIC), which is in charge of financial services companies in the country, does not regulate it.
WHOIS records show that the domain citygoldbullion.com.au was last updated on June 1, 2024, and is now in a “serverRenewProhibited” state.
City Gold Bullion is a company that sells real precious metals, such as gold, silver, platinum, and palladium bullion. They sell bullion bars and coins, and they mostly sell products created in Switzerland and Australia.
Trading Products | Supported |
Gold Bullion | ✔ |
Silver Bullion | ✔ |
Platinum Bullion | ✔ |
Palladium Bullion | ✔ |
Gold Coins | ✔ |
Silver Coins | ✔ |
Bullion Bar (Cast/Minted) | ✔ |
Forex | ❌ |
Stocks | ❌ |
Indices | ❌ |
Cryptocurrencies | ❌ |
City Gold Bullion's fees are average to a little higher than what other businesses charge. This is mostly because it sells high-end physical bullion goods including PAMP, Perth Mint, and ABC bars. The prices include the spot market rate plus a dealer premium, which changes depending on the kind, size, and brand of the goods. Prices for buy-backs are reasonable, although they do include a spread, which is normal in the physical bullion market.
City Gold Bullion – Example Live Prices
Trading Products | Example Product | Spot Price (AU$) | Selling Price | Buy-Back Price | Approx. Spread |
Gold Bullion | 1oz ABC Gold Cast Bar | $5,241.37 | $5,369 | $5,201 | ~$168 |
Gold Coins | 1oz Kangaroo 2024 Coin | $5,241.37 | $5,354 | $5,219 | ~$135 |
Silver Bullion | 1kg Perth Mint Silver Bar | $1,845.45 | $1,980 | $1,795 | ~$185 |
Platinum Bullion | 1oz Platinum Bar | $1,948.93 | $2,090 | $1,928 | ~$162 |
Palladium Bullion | 1oz Palladium Bar | $1,609.83 | $2,014 | $1,513 | ~$501 |