Company profile
City Gold Review Summary Founded2024 Registered CountryAustralia RegulationNo regulation Trading Products Gold, Silver, Platinum, Palladium Bullion and Coins Demo Account❌ Trading Platform/ Minimum Deposit/ Customer SupportPhone: 1800 4653 88City Gold Information City Gold Bullion is an Australian company that started in 2024. ASIC or any other recognized financial authority does not have any rules about it. The company sells actual bullion, such as gold, silver, platinum, and palladium, in both bars and coins. They also sell high-end items from PAMP, ABC, and Perth Mint.Pros and Cons ProsCons Offers a wide range of bullion typesNo regulation Physical products from reputable mintsNo demo accounts Live pricing and buyback availableIs City Gold Legit? City Gold is based in Australia, but the Australian Securities and Investments Commission (ASIC), which is in charge of financial services companies in the country, does not regulate it. WHOIS records show that the domain citygoldbullion.com.au was last updated on June 1, 2024, and is now in a “serverRenewProhibited” state.What Can I Trade on City Gold Bullion? City Gold Bullion is a company that sells real precious metals, such as gold, silver, platinum, and palladium bullion. They sell bullion bars and coins, and they mostly sell products created in Switzerland and Australia. Trading ProductsSupported Gold Bullion✔ Silver Bullion✔ Platinum Bullion✔ Palladium Bullion✔ Gold Coins✔ Silver Coins✔ Bullion Bar (Cast/Minted)✔ Forex❌ Stocks❌ Indices❌ Cryptocurrencies❌City Gold Fees City Gold Bullion's fees are average to a little higher than what other businesses charge. This is mostly because it sells high-end physical bullion goods including PAMP, Perth Mint, and ABC bars. The prices include the spot market rate plus a dealer premium, which changes depending on the kind, size, and brand of the goods. Prices for buy-backs are reasonable, although they do include a spread, which is normal in the physical bullion market. City Gold Bullion – Example Live Prices Trading ProductsExample ProductSpot Price (AU$)Selling PriceBuy-Back PriceApprox. Spread Gold Bullion1oz ABC Gold Cast Bar$5,241.37$5,369$5,201~$168 Gold Coins1oz Kangaroo 2024 Coin$5,241.37$5,354$5,219~$135 Silver Bullion1kg Perth Mint Silver Bar$1,845.45$1,980$1,795~$185 Platinum Bullion1oz Platinum Bar$1,948.93$2,090$1,928~$162 Palladium Bullion1oz Palladium Bar$1,609.83$2,014$1,513~$501
Is City Gold safe or scam