Not necessarily. Spot prices are reflections of how much you could make if you sold your gold or silver bullion immediately. However, the buyer in question might offer more or less depending on the quality and rarity of the coin. You’re welcome to bring your bullion to Jaggards’ Sydney showroom to get a personalized price.
Like many other investments on the Australian market, it’s a good idea to buy low and sell high to maximise your returns. You can use our spot price chart to make more informed decisions by identifying highs and lows in the marketplace. If you’re newer to precious metals and want more information about bars and bullion, you can refer to our glossary at any time.
Generally speaking, yes. While country conversion rates do have some impact on spot prices, the value of precious metals is universally ubiquitous. Many investors appreciate the worldwide value of metal bars and bullion, especially as a hedge against inflation and global unrest.