1/2oz gold bar prices

A 1/2oz gold bar contains half a troy ounce of fine gold, about 15.6 grams. Small bars usually carry a higher premium than a 1oz bar, because the cost of making and selling one is spread over less gold.

The gold in a 1/2oz gold bar is worth $2,948.38 at today's spot price.

Price
0 products
Name Weight Dealers Premium PricePremium
Ainslie Gold Cast Bar 1 dealer 1/2 oz 1 dealer 3.4% from$3,039.643.4% premium
Queensland Mint Gold Cast Bar 1 dealer 1/2 oz 1 dealer 3.6% from$3,044.883.6% premium
PAMP Gold Minted Bar 1 dealer 1/2 oz 1 dealer 3.8% from$3,052.003.8% premium
Queensland Bullion Gold Cast Bar 1 dealer 1/2 oz 1 dealer 4.0% from$3,056.134.0% premium
GBA Gold Cast Bar 1 dealer 1/2 oz 1 dealer 4.0% from$3,057.004.0% premium
Generic Gold Cast Bar 1 dealer 1/2 oz 1 dealer 5.1% from$3,087.715.1% premium
AGC Gold Cast Bar 2 dealers 1/2 oz 2 dealers 5.3% from$3,095.005.3% premium
ABC Gold Cast Bar 5 dealers 1/2 oz 5 dealers 5.5% from$3,102.005.5% premium

These are the Australian dealers we track, not the whole market. Each row shows the lowest published price for that product; select it to see every dealer.

Selling one back

The highest published buy-back price today for a 1/2oz gold bar is $2,917.00, across 5 buyers we track. The difference between the lowest listed price above, $3,039.64, and the highest published buy-back price is $122.64, or 4.0%. Compare buy-back offers

Premium over the last 90 days

On 22 Oct the median premium was 5.3%, across the 5 dealers priced that day.

Over the last 90 days, the median premium for a 1/2oz gold bar ranged from 5.1% to 6.0%. On 22 October it was 5.3%.

To find the median premium, we take each dealer's middle premium and then the middle of those, so every dealer counts once. The chart counts only the listings we have priced on most weekdays in this period, so a product joining or leaving does not move the line. Each day uses the last price of that day, Sydney time. Lowest is the smallest premium any of them listed that day, and spot is the gold price in AUD on the left-hand scale.

What is the premium?

The premium is the amount a product's price sits above the spot value of its metal. It covers costs such as production and distribution, as well as the dealer's margin. We calculate it by comparing the published price with the spot price recorded when the price was collected.

For how GST applies to bullion, see the ATO's ruling GSTR 2003/10.