Bullion Dealers - ranked on Gold spot premium

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

  1. BarTender

    BarTender Member

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    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

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    Also let me know of any other dealers (whatever premium) that I could look at
     
  3. DJE

    DJE Active Member

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    Bulk Bullion is usually pretty well priced.
    Interested to see how they stack up.
     
  4. BarTender

    BarTender Member

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    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

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    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

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  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    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

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    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

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    The most useful post on the forum in a while.
     
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