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Watch this PPT to know the value of your bullion before selling.<br>Uncertain about your worth of gold, silver, or platinum bullion? Before selling in Australia, find out how to calculate its value using spot prices, purity, weight, and market demand.
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How to Determine theValue of Your Bullion When Selling www.perthbullion.com.au
How to Determine the Value of Your Bullion When Selling in Australia Learn how to accurately value your gold, silver, or platinum bullion before selling. Understand key factors like spot price, purity, weight, and dealer quotes. www.perthbullion.com.au
Understand the Spot Price • The spot price is the current market value of one troy ounce of gold, silver, or platinum. • Prices fluctuate based on global market conditions. • Always check live spot prices before selling. www.perthbullion.com.au
Assess Purity and Weight • The spot price is the current market value of one troy ounce of gold, silver, or platinum. • Prices fluctuate based on global market conditions. • Always check live spot prices before selling. www.perthbullion.com.au
Calculate Melt Value • 1. Formula: Melt Value = (Weight in Troy Ounces) × (Purity) × (Spot Price) • 2. 1 Troy Ounce = 31.1035g • Example Calculation: • 1oz gold bar (99.99%) at AUD 2,500 spot price • Melt Value = 1 × 0.9999 × 2,500 = AUD 2,499.75 www.perthbullion.com.au
Consider Form and Condition • The form of bullion impacts value: • Coins – May carry a premium due to collectibility. • Bars – Typically priced closer to spot value. • Rounds – Valued based on metal content. • Condition Matters: Tarnished or damaged pieces may be valued lower. www.perthbullion.com.au
Consult Reputable Dealers • Get quotes from multiple trusted dealers before selling. • Research dealer reputation (reviews, licensing, transparency). • Avoid selling to pawn shops or unverified buyers. www.perthbullion.com.au
Sell your bullion with confidence and transparency. Perth Bullion Exchange 1800 880 991 www.perthbullion.com.au orders@perthbullion.com.au Shop 20 Gateway Business Centre 173 Davy Street, Booragoon 6154