Tag Archives: Finance

2024: Get a Golden Start to Financial Success

January 8, 2024 Barry Goldman Sell Gold

As we usher in the new year of 2024, what better way to kickstart a journey to better finances than by tapping into the timeless value of gold and silver? Brisbane Gold Brokers welcomes you to a year of financial abundance, offering a host of services to turn your precious metals into fast, instant cash. Discover how our recent major website update, featuring a sleek modern look and an enhanced price board, makes your gold-selling and buying experience even more rewarding.

Revamped Website, Refreshed Finances

Step into the future with Brisbane Gold Brokers’ revamped website, designed to offer a seamless and modern user experience. Our new look reflects our commitment to providing you with the best services in Brisbane. Navigate through the site effortlessly and explore our updated price board, showcasing a wider range of gold and silver item purities. This enhancement ensures that you have access to the most accurate and up-to-date information when selling or buying gold and silver.

Instant Cash for Your Gold and Silver

Transform your unwanted gold and silver items into fast, instant cash at Brisbane’s best gold buyers. Our team is ready to assess the value of your items on the spot, providing you with a quick and transparent process to boost your finances. From jewellery to coins, bullion, and more, we accept a diverse range of items, ensuring you get the best value for your unwanted items.

Buy Gold and Silver Bullion

Looking to invest in gold and silver bullion in 2024? Brisbane Gold Brokers has you covered. Explore our updated price board and dedicated buy bullion gold and silver pages to make informed decisions. We take pride in offering competitive rates that beat our competitors, ensuring you receive the best value for your investment.

Visit Us Today

Conveniently located at the Louis Vuitton building (501/180 Queen St Brisbane), our doors are open Monday to Friday, from 9:30 am to 4:30 pm. No appointment is needed; simply drop by and let our experts guide you through the process. Experience firsthand the difference in our service, where transparency, competitive rates, and a commitment to your financial success set us apart.

As we embark on the journey of 2024, make it a year of financial empowerment with Brisbane Gold Brokers. Whether you’re selling gold for instant cash or investing in gold and silver bullion, our revamped website and dedicated team ensure a seamless and rewarding experience. Visit us today and turn your precious metals into a golden opportunity for financial success!

Unlocking the Power of Gold and Silver to Beat Inflation

November 8, 2023 Barry Goldman Finance

In an era of mounting inflation, finding ways to protect and grow your wealth is paramount. Brisbane Gold Brokers is your trusted ally in this financial journey, we offer unique solutions to empower you against inflation. Let’s explore how you can leverage the power of gold and silver to secure your financial future.

Convert Idle Gold and Silver into Cash

Brisbane Gold Brokers exclusively deals in gold and silver, offering you a direct route to convert your unused assets into immediate cash. Whether it’s gold jewellery that’s lost its luster or silver items hidden away in a draw, our experts are here to assess their value and provide you with the highest payouts available.

Fast Transactions, High Gains

Time is of the essence in the battle against inflation, and Brisbane Gold Brokers recognises this. Our process ensures that you receive cash within minutes of your appraisal. By promptly transforming your gold and silver into usable funds, you can stay ahead of the financial curve.

Store Location for Your Convenience

Our centrally located office at 180 Queen St, Suite 501, Brisbane, is easily accessible, making your visit quick and hassle-free. We’re just around the corner from David Jones and Tiffany & Co, ready to provide you with expert appraisals and the best rates for your gold.

Gold and Silver Loans for Fast Cash

Brisbane Gold Brokers offers unique cash loans backed by your gold and silver as collateral. With competitive rates and no extensive background or credit checks, securing a loan is a streamlined process. Visit us with your gold item today to get a quote instantly and discover how you can access cash in times of need.

In a world where inflation threatens financial stability, we are your dedicated partner, specialising in the purchase of gold and silver. Let us be your shield against the rising tide of inflation, ensuring your financial future remains secure and prosperous.

Does the interest rate affect gold value?

July 18, 2017 Barry Goldman Gold Sell Gold

Due to the falling commodity prices and trade, Australia’s Reserve Bank moved Australia’s interest rate down to 2 percent earlier this month. Occasionally some of our clients ask us around an interest rate change how it affects the price of gold and if so, how to maximise the return.

Valuing gold is actually quite complicated and the most difficult compared to other commodities. Some experts have often said there is usually a pattern between interest rates and gold prices, however, people should not use that pattern or similarity as a guide due to the complex nature of gold values!

Some factors that can affect the price of gold include:

– The Australian dollar, which is affected by factors such as labour, manufacturing, inflation, consumer and business confidence and many other factors.

– Unemployment. One of the most important parts of the Australian economy is employment. Looking at trends overseas, the gold price has typically gone up when employment levels have gone down. This has not always been the case (especially Australia), however the data is an important sign of how the economy is performing.

– News, events, disasters. Major events such as disasters, even changes in government can have an affect on the price of gold. Tensions between countries also have affects.

– Deflation, inflation. Strong inflation usually means strong economic growth and the Reserve Bank may increase the interest rate to slow it down a little bit. Does this effect the price of gold, its another factor, so yes.

– Financial crisis. After the 2008 financial crisis, the price of gold grew a lot in various countries, including Australia. Why did the price increase so much? There are many factors, including the above!

At Brisbane Gold Brokers, we always follow the latest gold prices using a combination of industry-leading sources, our experienced gold economists and our innovative, proprietary system. When you see our gold price board on our homepage, you are seeing the most up to date gold prices in Australia! Our backend system works around the clock to ensure our website only displays the most accurate information possible.

Australia’s Budget 2016 effects on Gold

May 3, 2016 Barry Goldman Finance

Budget 2016 expected to be available tonight at 7:30pm Australian Eastern Standard Time and is expected to deliver increased taxes for items such as tobacco (tobacco tax) while also delivering tax cuts for companies (company tax) and average income earners (who make over $80,000 per year). Big infrastructure projects are another expected key highlight of the budget – providing funding for major building projects such as the Ipswich Motorway and other road and rail projects across Australia.

What does Australia’s budget 2016 have to do with gold you might ask? There are many factors which connect the two – From taxes to the economy overall.

Australia, the lucky country

In Australia, we are extremely lucky we do not have to pay major taxes on buying or selling gold. In India, sellers of gold and jewellery are going on strike in protest over a gold tax, which forces them to increase the costs of their products by 1%. This is on top of existing import and other taxes! 1 per cent might not seem much, but when its thousands of dollars, it adds up and it makes selling or buying gold less worthwhile. No matter what country, this sort of tax would greatly effect low to medium income earners.

Gold trading expected to increase

In Australia, because low to medium income earners aren’t receiving any tax cuts and will experience most of the tax increases (eg. for purchases Tobacco etc), gold trading is expected to increase to make up for the higher cost of living.

With an increase of gold trading (buying/selling), overall competition for YOUR gold is going to increase. That is great news for YOU and it’s time to use this to YOUR advantage right NOW!

Use the budget 2016 to your advantage

How do you use this opportunity to your advantage? Visit our store or call us right NOW to get the best price possible for your gold! At Brisbane Gold Brokers we always offer the best prices in Brisbane. We have a team of gold professionals that ensure our prices are current and up to date by the minute to sell gold! Our team are always researching the market – identifying trends, changing conditions and aspects that can effect the market. Our team is the best in the business and is part of Brisbane Gold Broker’s industry-leading, unique offering for Brisbane and Australia.

Greece debt crisis effect on gold

July 23, 2015 Barry Goldman Finance

With the Greece debt crisis popular in the news lately, our staff have often been asked if Greece’s financial problems effect the price of gold and ultimately the payouts they get. We asked Brisbane Gold Broker’s Manager of the gold market research team to answer some of our questions. He was able to provide us some very interesting information:

Whats your role at Brisbane Gold Brokers?

I’m the manager of Brisbane Gold Brokers’s Gold Market Research team. Our team researches the Australian and global gold markets. We look all sorts of factors that may effect the price of gold. We also constantly provide our store the industry’s best gold and silver prices. Our team is working 24/7 to ensure everyone gets the best cash for their gold!

Whats the gold situation in Greece at the moment?

Typically in times of financial crisis people tend to buy high amounts of gold in all forms (rings, jewellery, bullion, etc) to provide them with financial stability. There have been several reports of people in Greece doing exactly this due to whats happening with their banks. People are worried but gold has been sort of a hero during these tough times.

What are people doing with their gold?

I’ve read some reports of people selling their gold to businesses in the US and UK. It wouldn’t be uncommon for Brisbane Gold Brokers to get enquires in terms of distance from locations as far away as Greece! At this time people in Greece would be best to look overseas to sell gold while things are still being sorted out in their home country.

So with the problems in Greece, what does this do to the price of gold there and Australia?

The event has caused the price to flat line due to a number of factors including market uncertainty, interest rates and of course the high amounts of gold circulating in the country. What about Australia? Well, we haven’t seen any real effects, which is great. However, you should always be aware that major financial problems in other countries do have flow on effects globally. If the Greece situation keeps getting worse, it may have an effect on Australia’s gold price.

So is now the time to sell just in case it does get worse?

I believe its always the best time to sell gold, especially due to Brisbane Gold Broker’s high payouts. Simply call or visit Brisbane Gold Brokers with your gold to get the best possible payout. Our gold inspection team are always available to help you get the best payout!