Australia Gold Price

Gold Price Today in Australia

Live gold spot price in Australian dollars per troy ounce, gram, and kilogram. Updated daily with market analysis, historical context, and expert insights for Australian gold investors and consumers.

📍 Australia💵 AUD📅 August 8, 2026
Live Spot PricePerth Mint Reference24K Pure Gold
Live Gold Spot Price • AUD
A$6,143.32
per troy ounce • +1.88% from previous close
A$197.51
Per Gram (24K)
A$197,512.04
Per Kilogram
A$1,975.12
Per 10 Grams
A$2,303.75
Per Tola (11.66g)

📊 Updated daily · Next update: August 9, 2026

Conversion Table

Gold Price in AUD by Weight

Weight24K (99.9%)22K (91.6%)18K (75%)14K (58.3%)9K (37.5%)
1 GramA$197.51A$180.92A$148.13A$115.15A$74.07
5 GramsA$987.56A$904.61A$740.67A$575.75A$370.34
10 GramsA$1,975.12A$1,809.21A$1,481.34A$1,151.50A$740.67
1 Troy OunceA$6,143.32A$5,627.28A$4,607.49A$3,581.56A$2,303.75
1 Tola (11.66g)A$2,303.75A$2,110.23A$1,727.81A$1,343.08A$863.90
1 KilogramA$197,512.04A$180,921.03A$148,134.03A$115,149.52A$74,067.01
Market Information

Australian Gold Market Overview

🇦🇺 Gold in Australia

Australia is the world's second-largest gold producer, with major mining operations in Western Australia's Golden Mile, New South Wales, and Queensland. The Perth Mint, established in 1899, is Australia's official bullion mint and produces the iconic Australian Gold Kangaroo coins. Australia is home to some of the world's largest gold mining companies including Newcrest Mining, Northern Star Resources, and Evolution Mining.

The Australian gold market is deeply integrated with the country's resource-based economy. Gold prices in AUD are influenced by both the global USD gold price and the AUD/USD exchange rate. The Australian dollar is considered a commodity currency, often moving in tandem with gold and iron ore prices.

📊 Key Market Factors for AUD Gold

AUD/USD Exchange Rate: The Australian dollar is a commodity currency. A weaker AUD increases local gold prices. The exchange rate is influenced by RBA policy and commodity prices.

RBA Interest Rates: Reserve Bank of Australia cash rate decisions impact gold's appeal. Lower rates typically support higher AUD gold prices by reducing opportunity cost.

Mining Production: As the world's #2 gold producer, Australian mine supply influences regional premiums and availability. Production disruptions can affect local prices.

China Demand: Australia's proximity to Asian gold markets, particularly China and India, influences regional gold flows and dealer premiums.

Investment Guide

How to Buy Gold in Australia

🏦 The Perth Mint

Australia's official bullion mint offers Gold Kangaroos, Gold Bars, and Lunar Series coins. All are .9999 fine gold. The Perth Mint also offers depository storage and Gold ETF products listed on the ASX.

🦘 Australian Dealers

Reputable dealers include ABC Bullion, Ainslie Bullion, Gold Stackers, and Guardian Gold. Many offer secure vault storage in Melbourne, Sydney, and Brisbane. Compare dealer premiums before purchasing.

📈 ASX Gold ETFs

Trade gold on the Australian Securities Exchange through ETFs like GOLD (Perth Mint Gold), PMGOLD, and QAU. SMSF-friendly options available. No GST on investment-grade gold.

Historical Context

Australian Gold Price History

YearAvg Price (AUD/oz)Key Australian Event
2000A$500GST introduced; mining boom begins
2008A$1,080Financial crisis; AUD falls to 0.60 USD
2011A$1,520AUD reaches parity with USD; gold peaks
2015A$1,420Mining boom ends; AUD weakens
2020A$2,670COVID; record gold in AUD at A$2,850+
2024A$2,900+Rate expectations; Asian demand strong
Common Questions

Frequently Asked Questions About Australian Gold Prices

As of August 8, 2026, gold is trading at A$6,143.32 per troy ounce in Australia. This is the spot price for 24K pure gold in Australian dollars.

Yes. Investment-grade gold (99.5%+ purity) is GST-free in Australia. This includes Perth Mint products, gold bars, and bullion coins. Gold jewelry is subject to GST. No GST makes Australian gold highly competitive.

Yes. Self-Managed Super Funds can invest in physical gold bullion. The gold must meet ATO requirements: 99.5%+ purity, stored with an approved vault provider. ASX-listed gold ETFs are also SMSF-compliant.

The AUD is a commodity currency. When AUD weakens against USD, local gold prices rise. When AUD strengthens, it can moderate gold price increases. RBA policy and commodity prices drive AUD movements.

The Perth Mint is Australia's official bullion mint, established in 1899. It produces Gold Kangaroos, Gold Bars, and Lunar Series coins — all .9999 fine. It's owned by the WA Government and offers storage, ETFs, and depository services.

The Perth Mint, ABC Bullion, Ainslie Bullion (Brisbane), Gold Stackers, Guardian Gold (Melbourne/Sydney), and KJC Coins. All offer secure delivery or vault storage. Compare premiums and buy-back policies.

Australia is the #2 gold producer globally. Perth Mint products are internationally recognized. Australian gold is prized for high purity (.9999) and quality. The GST-free status makes it attractive to international investors.

Our Australian gold price updates once daily via GoldAPI.io with server-side caching. The price shown reflects the latest available market data in AUD.

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