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gold-1-gram

Pool Allocated Gold Gram

SKU: A-AUGBCP1GR

$194.94 AUD

Description

IMPORTANT NOTE: This is not a physical metal product. Please read the following or speak to one of our friendly team members before making a purchase.

  • 100% backed by physical metal
  • High liquidity – the fastest way to buy and sell
  • A suitable option for SMSFs, with regular auditing, reporting, insurance and compliant onsite storage
  • Fully insured for replacement value (by Lloyd’s of London)

Product Overview

Pool Allocated Gold Gram offers a flexible and cost-effective way to invest in 99.99% pure physical gold without taking immediate delivery. Your investment is 100% backed by physical gold and securely stored on your behalf in Melbourne Mint’s professionally managed vaulting facilities.

Rather than buying a specific item, you invest in a pool of products that is 100% backed by physical metal and fully insured for replacement value. When you buy a ‘share’ in the pool, it is managed and stored on your behalf in our secure, custom-built vaulting facility.

Ideal for investors looking to build their holdings over time, Pool Allocated Gold allows you to buy, sell or increase your investment with ease. It is also a popular option for SMSFs and long-term investors seeking secure storage and straightforward portfolio management.

Why Invest in Pool Allocated Gold?▾
  • 99.99% pure gold, 100% backed by physical bullion
  • Cost-effective alternative to fabricated bullion products
  • Secure storage included
  • Buy and sell at live market-based pricing
  • Ability to convert holdings to physical bullion*
  • Suitable for SMSFs and long-term investors
  • Fully insured for replacement value while held in Melbourne Mint’s vaulting facilities*
Specifications▾
Product Pool Allocated Gold Gram
Metal Gold
Purity 99.99%
Unit 1 Gram
Product Type Pool Allocated Gold
Storage Melbourne Mint Vault
Ownership 100% Backed by Physical Gold
About This Product▾

Pool Allocated Gold enables you to gain exposure to physical gold without the need to purchase a fabricated bar or coin. Your holding represents an interest in a pool of physical gold that is securely stored and professionally managed by Melbourne Mint. As your investment grows, you can continue purchasing additional grams or, if eligible, request conversion to physical bullion, subject to applicable fees, processing requirements and terms and conditions.

Just like buying and selling physical precious metals, Pool Allocated Gold can be sold at a later date for its value or, if you wish to take possession of your gold, a barring fee will apply. Please ask one of our friendly team members for details.

Barring Fee▾

What is the ‘barring fee’?
Barring fees cover the costs of fabricating our Pool Allocated products into a specific bar or coin that a client wishes to purchase.

The barring fee is only charged if you want to convert your Pool Allocated holdings into physical metal to take out of storage.

If you elect to sell back your holdings for cash, no barring premium is charged – simply the buyback price of Pool Allocated Gold at the time of your transaction will be applied.

Barring fee example
The barring fee is the difference between the selling price of any physical bullion product and the selling price of the same number of grams of Pool Allocated Gold.

For example, assuming the current selling price of 1oz of Pool Allocated Gold is $5,025.60 and a 1oz Gold Cast Bar is selling (retail price at the time of transaction) for $5,070.00, the barring fee for a 1oz bar would be the difference between the two: $44.40.

Storage & Delivery▾

Choose the option that best suits your investment needs.

Secure Vault Storage
Store eligible bullion products in Melbourne Mint’s secure, professionally managed vaulting facilities.

Conversion to Physical Bullion
Pool Allocated Gold may be converted to eligible physical bullion products. Conversion fees, minimum quantities, processing times and terms and conditions apply.

For Enquiries, please call 03 8602 5188

  • Secure Deliveries

  • Secure Storage

  • Vaulting