Highest offer first · no paid placement · checked 8:18 pm AEDT · confirm the price with the dealer before you sell · methodology
What this offer means
The highest published buyback for a 1 oz Gold Somalian Elephant today is A$5,645.24 from BullionStar, which is A$181.50 per gram. At the current gold spot price the metal is worth A$5,728.05, so this offer pays 98.6% of metal value.
BullionStar is the only dealer we track that publishes a buyback price for this product. Others may quote on request, so it can pay to ask around before you sell.
This is currently the size of this product with the best payout relative to metal value.
Other sizes
| Size | Best buyback | Per gram | Of metal value | Dealers |
|---|---|---|---|---|
| 1.24 g | A$221.22 | A$177.83 | 96.6% | 1 |
| 1/10 oz | A$553.23 | A$177.87 | 96.6% | 1 |
| 1 oz | A$5,645.24 | A$181.50 | 98.6% | 1 |
Same weight, other products
| Product | Best buyback | Of metal value | Dealers |
|---|---|---|---|
| 1 oz Gold Cast Bar | A$5,737.97 | 100.2% | 11 |
| 1 oz Gold Minted Bar | A$5,737.97 | 100.2% | 10 |
| 1 oz Gold Lunar Goat | A$5,737.97 | 100.2% | 8 |
| 1 oz Gold Kangaroo | A$5,737.60 | 100.2% | 8 |
Before you sell
- Buyback prices move with the spot price. Confirm the price with the dealer before you post or bring your gold.
- Dealers ask for photo ID when they buy from you. Keep original packaging and certificates; some dealers pay less without them.
- Private sellers do not charge GST on investment gold and silver.
Tax when you sell
A profit on bullion can be subject to capital gains tax. How much depends on how long you held it and on your circumstances; general information only, not tax advice.