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 asx.com.au 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 http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=GOL ( http://www.goldbullion.com.au/ )
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*
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