Gold Price in Australia Today
Live AUD gold rate — updated in real-time from COMEX spot price
Gold Price by Karat in Australia
Per gram in AUD — live from COMEX
| Karat | Purity | Per Gram |
|---|---|---|
| 24K(pure) | 100.0% | A$0.00 |
| 22K | 91.7% | A$0.00 |
| 18K | 75.0% | A$0.00 |
| 14K | 58.3% | A$0.00 |
| 9K | 37.5% | A$0.00 |
Gold Price by Weight (24K) — AUD
| Weight | Price (AUD) |
|---|---|
| 1 Gram | A$0.00 |
| 5 Grams | A$0.00 |
| 50 Grams | A$0.00 |
| 100 Grams | A$0.00 |
| 1 Troy Ounce (31.1g) | A$0.00 |
| 1 Kilogram | A$0.00 |
Gold Market in Australia
Australia is the world's second-largest gold producer, mining ~320 tonnes per year from major mines in Western Australia. The Perth Mint is one of the world's leading gold refiners and produces the popular Gold Kangaroo and Lunar Series coins. Investment gold and silver in Australia are GST-free under the ATO's precious metals scheme. The Australian Dollar has a moderate positive correlation with gold prices given Australia's export exposure.
Frequently Asked Questions
Is gold GST-free in Australia?↓
Yes. Investment-grade gold (99.5% or higher purity) is GST-free in Australia when purchased from approved dealers under the ATO precious metals input-tax credit scheme.
What are Perth Mint gold coins?↓
The Perth Mint produces the Gold Kangaroo (1 oz, .9999 fine), Gold Lunar Series, and Gold Sovereign coins. These are legal tender backed by the Western Australian government and widely traded globally.
Why does AUD often move with gold?↓
Australia is a major gold exporter, so the AUD has a partial correlation with gold prices. When gold rises, Australia's export earnings rise, supporting the AUD.