1 listing
Filters
| Product | /oz | Premium | Price | |
|---|---|---|---|---|
|
|
$4,285.44 | +2.32% |
$21,426.46
A$30,548
|
View Deal |
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
About the 5 oz Gold Bullion Australia Gold Bar
The 5 oz Gold Bullion Australia Gold Bar
This bar from Gold Bullion Australia contains 5 troy ounces (155.52 grams) of 999.9 fine gold, putting it firmly in high-value territory. Five ounces is an uncommon retail weight for gold; the format is better known in silver, and in gold it represents a single purchase running well into five figures. Buyers at this level are typically consolidating a position rather than making a first purchase, and the appeal is premium efficiency: percentage markups on gold bars fall as bar size rises, from 15-25% on 1 g bars down to 1-2% on kilo bars, so a 5 oz bar captures most of the large-bar pricing advantage in a single piece.
The trade-off is divisibility. A position held as five separate 1 oz gold bars can be sold one ounce at a time; a 5 oz bar is all or nothing. The buyer pool also narrows at higher unit prices, so resale can take longer than for the 1 oz size that dealers turn over constantly. For buyers in metric markets, 100 g and 250 g bars cover similar ground, since 5 oz is not a traditional bar weight in European or Asian markets where metric denominations dominate. The 5 oz format suits buyers who want a meaningful step up from 1 oz without committing to a kilogram.
5 oz Gold Bar Specifications
| Attribute | Value |
|---|---|
| Metal | Gold |
| Purity | 999.9 fine |
| Weight | 5 troy oz (155.52 g) |
| Form | Bar |
| Brand | Gold Bullion Australia |
| Legal tender | No |
At 999.9 fine, the bar exceeds the 995 minimum that defines investment gold under the EU directive and the LBMA Good Delivery standard, and meets the four-nines purity that is now the norm for retail gold bars. Gold's density makes a bar of this weight physically small, so storage is trivial; gold bars offer the most compact value-to-space ratio of any bullion form. One practical caution applies to larger gold bars in general: gold-plated tungsten counterfeits are a documented risk for bars of 100 g and above because tungsten's density (19.25 g/cm3) sits very close to gold's (19.32 g/cm3). Buying from an established dealer and keeping the bar in its original packaging is the standard mitigation, and ultrasonic testing is the most reliable non-destructive check for bars of this size.
Tax Treatment of a 5 oz Gold Bar
At 999.9 fine, this bar qualifies as investment gold in every major jurisdiction, which makes purchase taxes straightforward almost everywhere.
- UK: 0% VAT on investment gold at 995 fine or better. Bars are not CGT-exempt, though; that exemption is reserved for UK legal tender coins, so gains above the £3,000 annual allowance are taxable.
- Australia: 0% GST on investment-grade gold at 99.5% purity or above. Bullion held as an investment is subject to CGT, with a 50% discount for individuals after a 12-month holding period.
- US: no federal sales tax and most states exempt bullion; note that a roughly $15,000-plus purchase clears every state threshold, such as California's $2,000 exemption floor. Long-term gains are taxed at the 28% collectibles rate.
- EU: 0% VAT on investment gold across all member states.
- Canada: GST/HST exempt at 99.5% purity or better.
- New Zealand: GST-exempt at 99.5% or finer.
- Singapore and Hong Kong: no purchase tax and no capital gains tax in either jurisdiction.
For UK buyers the CGT exposure on a bar this large is worth weighing against CGT-exempt coins, since a 5 oz position can produce gains well beyond the annual allowance.
5 oz Gold Bar vs 1 oz Bars and Kilo Bars
The 1 oz bar is the benchmark to beat. It is the sweet spot of the gold bar market, with the best balance of premium efficiency and resale liquidity, and 1 oz minted bars from accredited refiners trade at roughly 1-4% over spot. A 5 oz bar improves modestly on that percentage but gives up flexibility: partial liquidation is impossible, and fewer retail buyers operate at its price point. Stackers who value optionality usually take five 1 oz gold bars over one 5 oz piece.
Moving up the scale, 100 g bars (3.215 oz) price at around 2-4% over spot and kilo bars at 1-2%, so the marginal premium saving from 5 oz upward is small. The kilo bar is the lowest-premium retail format but concentrates a very large sum in one object; the 5 oz bar is a middle path for buyers not ready for that commitment. Within the same weight, branded alternatives exist from major refiners; PAMP Suisse, Valcambi and the Perth Mint all produce 5 oz gold bars, though the format remains niche due to its high unit cost. Bars from LBMA-accredited refiners carry universal recognition at resale, so brand is worth checking at this price level, where re-assay costs on an unrecognised bar would be a real consideration.
5 oz Gold Bullion Australia Gold Bar: frequently asked questions
-
The cheapest 5 oz Gold Bullion Australia bar currently tracked is $21,426.46, calculated from 5 oz of fine gold at the $4,181.20 spot price plus a dealer premium. Because the bar contains five full troy ounces, its value moves directly with daily gold prices.
-
1 dealer on BullionFerret lists the Gold Bullion Australia 5 oz bar, with the lowest price currently at Gold Stackers. Comparing dealers before buying is worthwhile, as premiums on this size bar can vary meaningfully between sellers.
-
A 5 troy ounce gold bar weighs approximately 155.52 grams. Troy ounces are slightly heavier than avoirdupois ounces (used for everyday items), so a 5 troy oz bar weighs more than five standard ounces. The bar's gold content equals the full 155.52g at 999.9 purity.