Perth Mint Kangaroo Gold Bar – 1g
$158.01 /unit AUD
46 in stock
$48.34 /unit
Buy Back Price: $46.40
IMPORTANT NOTE:
This is not a physical metal, please inquire with us on options to convert your holdings into physical metal.
As part of our compliance (KYC Process) we will require a Government issued Photo ID for all Pool Allocated purchase.
If you wish to take possession of your Platinum, there will be a barring fee applied. Please ask the GBA team for details.
Rather than buying a specific item, you can invest in the pool of products with 100% backing by physical metal which is fully insured for replacement value.
If you buy a ‘share’ in the pool of gold, silver or platinum it is managed and stored by Gold Bullion Australia Treasury Reserve (GBATR) on your behalf in our secure, custom built vaulting facility.
As a commodity that is the least reactive, rarest and densest metal on Earth, Platinum’s value is determined by a complex interaction of supply and demand fundamentals. With South Africa responsible for approximately 72% of the world’s newly minted Platinum (the rest originating from Zimbabwe and Russia), an understanding of the supply chains on the ground in South Africa are critically important. There exists ongoing political risk and production is often cut as a result of labour and Union disputes, the impact of rolling blackouts as well as unstable power and water supply and even foreign currency fluctuations.
Platinum is predominantly used in combustion engine catalytic converters in car manufacturing and understanding the growth of demand for Platinum from the automobile industry is important. Similarly, Platinum’s use in jewellery has grown rapidly in the last 25 years, before which it was almost non-existent. Platinum is used more and more for a wide range of industrial applications, including fuel cell electric vehicles which now demand over twice the amount of Platinum than internal combustion engines. Investment demand represents a fast-growing sector for Platinum with its use in coinage and investment bars and The American Eagle Platinum Coin was only introduced as recently as 1997.
$48.34 /unit
844 in stock