Gold jewellery is nice to look at and can help you stand out at social events and accentuate your outfit. Of course, jewellery can be used as a storage of wealth, but why pay high manufacturing premiums to do so?You would be better off storing recession proof gold bullion under your bed for a rainy day then gold jewellery. During a time of financial crisis and if you notice storm clouds on the horizon you may want to sell your gold bullion. Regardless of whether you’ve got excess gold bullion, or you’re just ready to sell all the gold bullion you’ve been saving up, we’re here to help you with all your gold related needs.
Gold is an incredibly precious metal prized by economists as one of the few absolutely safe investments due to its prevalence in the global economy as a standard of value for most currencies. Aside from Antarctica, gold is mined on all continents, and its non-corrosive properties make it easy to store and save up without fear of inflation or physical damage. It is for this reason that, given recent economic downturns, people are becoming more eager to buy or sell their gold bullion, Melbourne Gold Company are experts for all your gold bullion needs, whether it be buying or selling. We offer the lowest premiums in the market place on both buying and selling enabling you to get the maximum returns on your gold bullion investment.
At the time of writing this article, the value of gold per gram in AUD is $51.86. While gold prices suffered a bit in previous years, the value has been steadily increasing by almost 0.19% daily. The price is climbing by the day but the market can be a volatile place, and you would do well not to assume trends will continue. If you have been in the market for a number of years it may be your best bet is to sell your gold bullion while the market is still high to capitalise on those profits.
The demand for gold reached a three year high in 2016 that is slated to continue well into 2017, the annual bar and coin demand was a stable and profitable 1,029.2t throughout the year. The demand, however, when as high as 4,308t, the highest in three years by 2%. There has never been a better time to sell your gold if the price is right for you while demand for physical gold bullion remains high.
There might be a time during extreme volatility that physical demand in China and India slows, this results in a world wide glut of physical bullion trading and lower premiums maybe in order.
If you work with us at Melbourne Gold Company, we guarantee despite market headwinds we will still offer the lowest buy back premiums when you sell your gold bullion.With the best premiums in Melbourne that extra money in your investment portfolio can provide you with the financial boost you need.
So when that time comes to sell your gold bullion, look no further than Melbourne Gold Company.