Buying gold on the australian stock market

| August 14, 2011 | 10 Comments

Buying gold on the Australian stockmarket is pretty easy. there are many options  to buy physical gold without atually going to a s shop . One of the options is  the listing of “gold”on the Australian stock market.

If you go to and search for  the asx code “GOLD” you  can buy the units or shares for physical gold by buying these units which also reflects the current gold price in the gold markets.  The company listing this on the share market is ( )

Buying gold Australia

The company is offering an interest in physical Gold, Platinum, Palladium and Silver bullion. The holder of a Metal Security will hold both a redeemable preference share of nominal value and depending on the type of Metal Security held a beneficial interest in approximately 1/10th of one fine troy ounce of either physical gold, platinum or palladium or one troy ounce of silver.

Rates Above & Below does ot indicate the current gold prices*

gold price today picture

I bought some gold today  at the price of $134.44 ( check above for quantity) as the gold price has dipped a bit , so lets see how it goes , as  the gold price is surely going to go upwards  given the  US govt is still going to print money  and the Chinese  market figures has slowed downa bit jn  the past month

gold investment stock price

Ref :

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  1. Buying Gold as an Investment | November 22, 2011
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