Basic Information
Registered Region 
Australia
AustraliaOperating Period
5-10 years
Company Name
City Gold Bullion
Contact Number
+610882232444
Company Website
Company Address
Mezzanine Level 20 King William Street Adelaide SA 5000
Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/10
City Gold
Australia
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://citygoldbullion.com.au
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Australia 3.44Surpassed 15.50% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+61 08 8223 2444
https://citygoldbullion.com.au
Mezzanine Level 20 King William Street Adelaide SA 5000
https://www.facebook.com/CityGoldBullion
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Company Summary
Comment
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Company Summary
| City Gold Review Summary | |
| Founded | 2024 |
| Registered Country | Australia |
| Regulation | No regulation |
| Trading Products | Gold, Silver, Platinum, Palladium Bullion and Coins |
| Demo Account | ❌ |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Phone: 1800 4653 88 |
City Gold Information
City Gold Bullion is an Australian company that started in 2024. ASIC or any other recognized financial authority does not have any rules about it. The company sells actual bullion, such as gold, silver, platinum, and palladium, in both bars and coins. They also sell high-end items from PAMP, ABC, and Perth Mint.
Pros and Cons
| Pros | Cons |
| Offers a wide range of bullion types | No regulation |
| Physical products from reputable mints | No demo accounts |
| Live pricing and buyback available |
Is City Gold Legit?
City Gold is based in Australia, but the Australian Securities and Investments Commission (ASIC), which is in charge of financial services companies in the country, does not regulate it.
WHOIS records show that the domain citygoldbullion.com.au was last updated on June 1, 2024, and is now in a “serverRenewProhibited” state.
What Can I Trade on City Gold Bullion?
City Gold Bullion is a company that sells real precious metals, such as gold, silver, platinum, and palladium bullion. They sell bullion bars and coins, and they mostly sell products created in Switzerland and Australia.
| Trading Products | Supported |
| Gold Bullion | ✔ |
| Silver Bullion | ✔ |
| Platinum Bullion | ✔ |
| Palladium Bullion | ✔ |
| Gold Coins | ✔ |
| Silver Coins | ✔ |
| Bullion Bar (Cast/Minted) | ✔ |
| Forex | ❌ |
| Stocks | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
City Gold Fees
City Gold Bullion's fees are average to a little higher than what other businesses charge. This is mostly because it sells high-end physical bullion goods including PAMP, Perth Mint, and ABC bars. The prices include the spot market rate plus a dealer premium, which changes depending on the kind, size, and brand of the goods. Prices for buy-backs are reasonable, although they do include a spread, which is normal in the physical bullion market.
City Gold Bullion – Example Live Prices
| Trading Products | Example Product | Spot Price (AU$) | Selling Price | Buy-Back Price | Approx. Spread |
| Gold Bullion | 1oz ABC Gold Cast Bar | $5,241.37 | $5,369 | $5,201 | ~$168 |
| Gold Coins | 1oz Kangaroo 2024 Coin | $5,241.37 | $5,354 | $5,219 | ~$135 |
| Silver Bullion | 1kg Perth Mint Silver Bar | $1,845.45 | $1,980 | $1,795 | ~$185 |
| Platinum Bullion | 1oz Platinum Bar | $1,948.93 | $2,090 | $1,928 | ~$162 |
| Palladium Bullion | 1oz Palladium Bar | $1,609.83 | $2,014 | $1,513 | ~$501 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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