Bullion Dealers - ranked on Gold spot premium

Discussion in 'Gold' started by BarTender, May 6, 2025.

  1. BarTender

    BarTender Member

    Joined:
    Apr 27, 2025
    Messages:
    34
    Likes Received:
    68
    Trophy Points:
    18
    Location:
    Sydney
    I did some analysis of published prices on a number of dealers
    - the price selected was of the cheapest 1oz Gold (anything) sold by each dealer - this means that it is usually a cast bar, but can be generic, brands, new, buybacks etc
    - spot price is always against kitco.com at the time of comparison - but as price is a bit volatile (cough) lately it means that website price might be be using a few minutes old data, which could move few tenths of %

    Reason I created it, is that Sydney has a lot of high premium dealers, and not many low, and I wanted to see what was on offer for the rest of the country.

    I do have it in a spreadsheet, and if there is interest I will share more, as I also did silver 1kg comparison, and buyback for gold and silver

    Swan Bullion Company 0.9%
    Bullion Coins 1.0%
    Bullion Now 1.0%
    BULLIONMARK 1.0%
    Ainslie Bullion 1.2%
    City Gold Bullion 1.2%
    As Good As Gold Australia 1.4%
    The Perth Mint 1.5%
    Gold De Royale 1.6%
    Jaggards 1.8%
    Bullion List 1.9%
    Gold Stackers 1.9%
    Guardian Gold 2.1%
    Harringtons Bullion 2.2%
    Imperial Bullion 2.3%
    Bullion Money 2.3%
    ABC Bullion 2.4%
    Gold Bullion Australia 2.5%
    Adelaide Gold Company 2.6%
    Australian Bullion Company 3.0%
    Melbourne Mint 3.1%
    KJC Bullion 3.7%

    And a disclaimer, that this may contain errors and you should do your own comparison, yada yada...
     
  2. BarTender

    BarTender Member

    Joined:
    Apr 27, 2025
    Messages:
    34
    Likes Received:
    68
    Trophy Points:
    18
    Location:
    Sydney
    Also let me know of any other dealers (whatever premium) that I could look at
     
  3. DJE

    DJE Active Member

    Joined:
    Oct 7, 2022
    Messages:
    216
    Likes Received:
    230
    Trophy Points:
    43
    Location:
    Sydney
    Bulk Bullion is usually pretty well priced.
    Interested to see how they stack up.
     
  4. BarTender

    BarTender Member

    Joined:
    Apr 27, 2025
    Messages:
    34
    Likes Received:
    68
    Trophy Points:
    18
    Location:
    Sydney
    Updated

    1 Swan Bullion Company 0.9%
    2 Liberty Bullion 0.9%
    3 Bullion Coins 1.0%
    4 Bullion Now 1.0%
    5 Bulk Bullion 1.0%
    6 BULLIONMARK 1.0%
    7 Ainslie Bullion 1.2%
    8 City Gold Bullion 1.2%
    9 As Good As Gold Australia 1.4%
    10 The Perth Mint 1.5%
    11 Gold De Royale 1.6%
    12 Jaggards 1.8%
    13 Bullion List 1.9%
    14 Gold Stackers 1.9%
    15 Guardian Gold 2.1%
    16 Harringtons Bullion 2.2%
    17 Bullion Store 2.2%
    18 Imperial Bullion 2.3%
    19 Bullion Money 2.3%
    20 ABC Bullion 2.4%
    21 Melbourne Gold Company 2.4%
    22 Gold Bullion Australia 2.5%
    23 Adelaide Gold Company 2.6%
    24 Australian Bullion Company 3.0%
    25 Melbourne Mint 3.1%
    26 KJC Bullion 3.7%

    And Buyback for 1 Oz Gold (limits apply for higher quantities)
    1 myBullion +3.5% to 0.0% - pending origin
    2 Bullion Now 0.0%
    3 Liberty Bullion 0.0%
    4 Bulk Bullion 0.0%
    5 Swan Bullion Company 0.0%
    6 Ainslie Bullion -2.0%
    7 Adelaide Gold Company -2.0%
    8 Jaggards -2.0%
    9 Melbourne Gold Company -2.5%
    10 Gold Bullion Australia -2.9%
    11 The Perth Mint -2.5% to -3.5% - pending origin
     
    Argent, yurana, StewyD321 and 8 others like this.
  5. mybullion.com.au

    mybullion.com.au Well-Known Member

    Joined:
    Oct 24, 2023
    Messages:
    253
    Likes Received:
    455
    Trophy Points:
    63
    Location:
    Melbourne
    Hey BT great initiative. Just to confirm our current buyback rates on 1oz gold bars go up to spot +0.75% (not 3.5%) and silver is up to spot +5%. Both can fluctuate higher or lower ;)
     
    AgAuPtPd and bubblebobble2 like this.
  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,763
    Likes Received:
    5,127
    Trophy Points:
    113
    Stickied
     
    AgAuPtPd and Anniesilver like this.
  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,986
    Likes Received:
    4,009
    Trophy Points:
    113
    Location:
    Colorado USA
    I use Findbullionprices.com here in the States.
    It's a live price sheet with all the different sizes broken down and the cheapest prices.
    I'm surprised you guys don't have a site like that.
     
  8. BarTender

    BarTender Member

    Joined:
    Apr 27, 2025
    Messages:
    34
    Likes Received:
    68
    Trophy Points:
    18
    Location:
    Sydney
    The only one I am aware of is https://www.gold-price.com.au/gold/gold-bars-ingots/1-ounce-gold-bar/
    but it is useless as it seem to only have two dealers.

    I guess I have to make my own...
     
    AgAuPtPd likes this.
  9. AgAuPtPd

    AgAuPtPd New Member

    Joined:
    Apr 3, 2022
    Messages:
    24
    Likes Received:
    19
    Trophy Points:
    3
    The most useful post on the forum in a while.
     
    dollars2 likes this.
  10. BarTender

    BarTender Member

    Joined:
    Apr 27, 2025
    Messages:
    34
    Likes Received:
    68
    Trophy Points:
    18
    Location:
    Sydney
    Well I did a thing...
    Consider it a proof of concept - Products are hyperlinked, it is created semi automatically.
    it mostly works, limited dealers.

    Bullion Products Report

    Grouped by Weight, Sorted by Lowest Premium Percent (Top 5 per Group)

    Gold

    Weight: 1/20oz

    1. 23.55% | Bullion Now | Perth Mint Lunar Snake Coin 2025
    2. 24.00% | AinslieBullion | Perth Mint Year Of The Snake - Coin 2025

    Weight: 1/10oz

    1. 15.17% | Bullion Now | Perth Mint Kangaroo (pre Order) Coin 2025
    2. 15.85% | Bullion Now | Perth Mint Lunar Snake Coin 2025
    3. 15.94% | AinslieBullion | Perth Mint Year Of The Dragon - Coin 2024
    4. 15.94% | AinslieBullion | Perth Mint Kangaroo - Coin 2024
    5. 15.94% | AinslieBullion | Perth Mint Kookaburra - Coin 2024

    Weight: 1/4oz

    1. 7.19% | Bullion Now | Perth Mint Kangaroo (pre Order) Coin 2025
    2. 7.19% | Bullion Now | Perth Mint Lunar Snake Coin 2025
    3. 7.26% | AinslieBullion | Perth Mint Year Of The Dragon - Coin 2024
    4. 7.26% | AinslieBullion | Perth Mint Year Of The Snake - Coin 2025
    5. 7.26% | AinslieBullion | Perth Mint Kangaroo - Coin 2025

    Weight: 1/2oz

    1. 1.97% | BullionCoins | Generic Australian Cast Bar
    2. 4.42% | AinslieBullion | Perth Mint Year Of The Rabbit - Coin 2023
    3. 4.61% | AinslieBullion | Perth Mint Kangaroo - Coin 2025
    4. 4.80% | AinslieBullion | Perth Mint Year Of The Dragon - Coin 2024
    5. 4.80% | AinslieBullion | Perth Mint Year Of The Snake - Coin 2025

    Weight: 1oz

    1. 1.12% | BullionCoins | Generic Australian Cast Bar
    2. 1.34% | AinslieBullion | Perth Mint Cast Bar
    3. 1.44% | AinslieBullion | Perth Mint Minted Bar
    4. 1.47% | Bullion Now | Perth Mint Minted **pre Order** Bar
    5. 1.58% | Swan Bullion | Perth Mint Kangaroo Bullion – Random Year/design Coin

    Weight: 2oz

    1. 2.59% | AinslieBullion | Perth Mint Year Of The Rabbit - Coin 2023
    2. 2.84% | AinslieBullion | Perth Mint Year Of The Dragon - Coin 2024
    3. 2.89% | AinslieBullion | Perth Mint Year Of The Snake - Coin 2025

    Weight: 10oz

    1. 0.99% | AinslieBullion | Perth Mint Cast Bar
    2. 1.28% | AinslieBullion | Perth Mint Minted Bar
    3. 2.49% | AinslieBullion | Perth Mint Year Of The Dragon - Coin 2024
    4. 2.49% | AinslieBullion | Perth Mint Year Of The Snake - Coin 2025

    Weight: 1g

    1. 15.02% | Bullion Now | Perth Mint Minted Bar
    2. 15.30% | BullionCoins | Perth Mint Minted Bar
    3. 15.41% | Swan Bullion | Perth Mint Minted Bar
    4. 15.47% | Bullion Now | Germania Mint Minted Bar
    5. 17.16% | AinslieBullion | Perth Mint Minted Bar

    Weight: 5g

    1. 4.08% | AinslieBullion | Perth Mint Minted Bar
    2. 5.41% | Swan Bullion | Perth Mint Minted Bar
    3. 5.61% | BullionCoins | Perth Mint Minted Bar
    4. 10.23% | Bullion Now | PAMP Suisse Lakshmi Minted Bar

    Weight: 10g

    1. 2.57% | AinslieBullion | Perth Mint Minted Bar
    2. 3.19% | BullionCoins | Perth Mint Minted Bar

    Weight: 20g

    1. 1.58% | Bullion Now | Perth Mint Minted (pre Order) Bar
    2. 1.87% | AinslieBullion | Perth Mint Minted Bar
    3. 7.90% | Bullion Now | Valcambi Combi Bar

    Weight: 37.5g

    1. 1.39% | Bullion Now | Generic Tael Donut **pre Order** Bar

    Weight: 50g

    1. 0.91% | Bullion Now | Generic Cast **pre Order** Bar
    2. 1.50% | AinslieBullion | Perth Mint Minted Bar

    Weight: 100g

    1. 1.27% | AinslieBullion | Perth Mint Minted Bar

    Weight: 1kg

    1. 0.79% | Bullion Now | Perth Mint Kangaroo Coin 2024
    2. 1.81% | AinslieBullion | Perth Mint Kangaroo - Coin 2025
     
    precious roar and AgAuPtPd like this.

Share This Page