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City Gold Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-19 11:08

Abstract:  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.

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 88

City 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.

City Gold's homepage

Pros and Cons

ProsCons
Offers a wide range of bullion typesNo regulation
Physical products from reputable mintsNo demo accounts
Live pricing and buyback available

Is 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.

No license

  WHOIS records show that the domain citygoldbullion.com.au was last updated on June 1, 2024, and is now in a “serverRenewProhibited” state.

Domain information

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❌
What Can I Trade on City Gold Bullion?

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
City Gold Fees

Related broker

No Regulation
City Gold
Company name:City Gold Bullion
Score
1.55
Website:https://citygoldbullion.com.au
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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