Have you heard or read somewhere that Australia’s Gold Rush is a thing of the past? It never stopped and shall never stop either; the idea of gold rush has just taken a new form in the modern world. Yes, people aren’t rushing to Bathurst or Pyrenees Ranges in search of gold like the way they did in the 19th century but rather they prefer to buy Australian gold sitting in the comfort of their homes and offices. The craze for the yellow metal and its trade have grown exponentially in the recent years all thanks to the Internet and people’s ability to buy gold from just about anywhere. What is driving this craze and why should you buy Australian gold. Here we have carefully curated some of the most popular reasons behind Australia’s 21st century Gold Rush if we may call it -

Ease of Buying – Gone are the days when you needed to physically visit a mint or get in touch with a third-party seller in Australia to buy gold. Few clicks on your mouse or few taps on your smartphone screen are all that is required to buy Australian gold these days. In fact, compared to several developed nations in the world there are minimal restrictions on buying or selling gold online in Australia. This ease of buying and selling (when you need to) has increased the popularity of Australian gold in recent times.

Gold is for Everyone – Do you feel Australian gold is only for the rich and affluent? Well, you need to think again as gold is the best buying option for anyone. You would be able to gold coins with 9999 purity for less than two hundred dollars. On the other side of the spectrum, you can buy 1 kg gold bar if you have the means to do so. In between these two, there is space for almost everyone to invest in gold.

Great Buyback Rates – If you are looking at gold purely as a means of investment you would always look at the buyback rates. In this regard, Australian gold enjoys the best buyback rates in the world. While gold from across all major mints in Australia has decent buyback rates it is gold from Queensland Mint that enjoys the best rates.

Storage Options - You don’t need to worry about storage of gold anymore as online gold dealers also offer you the option to store gold in their vaults at highly competitive rates. You won’t even need to physically handle the gold once you buy it and can sell from their vaults when you feel it is the right time to cash in on the premiums you have earned in the process.

What’s stopping you from investing in gold? The prices of gold have fallen in the past few months and are at their most attractive levels in the last three years. With a rally expected in Gold around 2020 you shouldn’t let this opportunity to slip by your hands.

Author's Bio: 

In this write-up, we take a look at some of the reasons why one should buy Australian gold and why it is the right time to do so.