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Selling your gold in Australia

LongJohnSilver1

Elite Member
Joined
Apr 25, 2020
Messages
956
I've noticed a lot of the US refiners are paying out something like 95% of spot price.
Why do we suck so much here in Australia? The best buyer I can find is offering 83% of spot for gold? We're major gold producing state, I can't believe everyone is just taking this kind of gouging.

What am I doing wrong?
 
I've noticed a lot of the US refiners are paying out something like 95% of spot price.
Why do we suck so much here in Australia? The best buyer I can find is offering 83% of spot for gold? We're major gold producing state, I can't believe everyone is just taking this kind of gouging.

What am I doing wrong?

Hmm? Send over here to the USA??
 
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