Buy 100% Pure Gold Bullion in Adelaide
If you are interested in investing in gold and want to make sure your money goes as far as possible, then pure gold bullion is the only way to buy. The question is, where can you buy pure gold bullion in Adelaide?
At AGD Precious Metals in Melbourne, we buy and sell gold bullion. More than just being licenced to trade in gold bullion, though, we have our own bullion branding: AGD Bullion. The Australian Taxation Office has ruled that our bullion branding is a secure, verified non-GST product.
What Our Branded Bullion Means for You
If you are an experienced gold trader, then you are probably aware of the benefits of buying branded, non-GST bullion in Adelaide. If you are just starting out, though, then the information in the above paragraph might read like borderline gibberish. What does ‘branded bullion’ mean and why does our tax ruling set us apart from our competitors.
Perhaps the key phrase here is ‘non-GST.’ Because our bullion branding has earned this special tax ruling, we are permitted to sell AGD Bullion with an exemption from GST (goods and services tax). We were able to secure this crucial tax ruling because the gold product that we sell is of high quality and 100% purity. Gold traders that sell lower quality, lower purity gold bullion in Adelaide do not receive the same GST exemption.
Needless to say, being exempt from GST is a very good thing if you are planning to make a substantial investment in gold. Imagine for a moment that you have $5,000 to invest. You decide to invest in gold for its stability and high intrinsic value. After shopping around with various gold traders, you finalise a deal to buy $5,000 in gold bullion from the company of your choice. The problem is that the business doesn’t have a GST-exempted bullion branding. As a result, you are expected to pay Australia’s standard 10% goods and services tax on your purchase—a tax that equates, in this case, to $500.
At AGD Precious Metals, since our bullion is a 100% pure form of metal and has been given a taxation exemption, you wouldn’t have to worry about that $500 tax. By any metric, this option is the smarter investment, and it’s a big part of what separates AGD Precious Metals from the pack.
Other Benefits of Buying Pure Gold Bullion in Adelaide
Another major benefit of buying 100% pure bullion in Adelaide is that it frees up your resale options. At AGD Precious Metals, it is because of our high quality and 100% purity that we can trade in Dubai, Turkey and Europe. Even leaving these markets out of the conversation, though, pure gold bullion is simply more valuable than pieces where the gold percentage is 80% or 90%. You will get a better resale price for pure gold, no matter where you are when you decide to cash out your investment.
The bottom line is this: if you are shopping around Adelaide for bullion, don’t settle for impure gold and certainly don’t pay an unnecessary goods and services tax. Instead, call AGD Precious Metals today for pure, tax-exempt bullion. Call us on (03) 9650 1758 to get started.