hi all I thought I'd repost this from my intro on the meet and greet area, probably a very newbie question (from a newbie no less), along with silver I'm looking to also start some exposure to gold, was doing some calcs on the 5, 10, & 20 gm bars at Perth Mint, and by my rough numbers the 20gm comes out to be about a 4.5% premium to spot, which doesn't seem too bad......is this about right, or even good from a premium pov? Is there anything else you'd recommend as a way in at low premiums? Cheers!
$200 Aussie gold coins tend to trade at a low premium, as do bullion-grade sovereigns. These are 22ct. If you want 24ct/9999 fine gold, the bars you mentioned are quite low premium. Even Lower premiums are on generic 1oz bars/biscuits from the likes of ABC and Ainslie.
The title of the thread noob question - lowest premium gold options Initially i thought this was about buying gold options ( derivatives ) on the exchange
thanks for the tips - much appreciated - time to become educated on the coins (will take some time I'm sure!) and keep an eye on the futures screen for upcoming swings in the price - cheers!
