How gold is priced in Australia
Australian bullion is priced in dollars per ounce, gram and kilo. For jewellery, 9ct is widely sold alongside 14ct and 18ct. The prices here are spot gold converted at today's AUD/USD rate.
GST
Gold of at least 99.5% fineness in investment form is "precious metal" under GST law: its first sale after refining is GST-free and later sales are input-taxed, so investors effectively pay no GST. Jewellery and other gold carry 10% GST.
Where prices come from
The Perth Mint, owned by the Western Australian government, publishes its own prices, as do major dealers such as ABC Bullion, each with its own buy/sell spread. Australia is one of the world's largest gold producers, mining around 300 tonnes a year.
Tax and duty information last reviewed October 2026. Rules change — confirm with your dealer or tax authority before a large purchase.