22K Gold Price Trend in Australia This month

During this This month in Australia, 22K gold prices ranged between AUD 206.70 and AUD 213.70 per gram. This summary provides Australia residents a clear view of the market direction beyond daily noise.

Australia is one of the world's largest gold producers — ranking 2nd globally — with major mines in Western Australia (Kalgoorlie Super Pit) and South Australia. The Perth Mint, established in 1899, is Australia's official bullion mint and one of the most respected refineries globally, producing the Australian Gold Kangaroo/Nugget coins and 99.99% gold bars. Gold in Australia is priced in Australian Dollars (AUD) based on the international spot price. Investment-grade gold (99.5%+ purity) is exempt from GST under Australian tax law, making it tax-efficient for buyers. Major bullion dealers include ABC Bullion (Sydney), ABC Bullion (Melbourne), and Perth Mint's online store. Gold ETFs on the ASX — such as GOLD (SPDR Gold Shares) and PMGOLD (Perth Mint Physical Gold) — are popular for Indian-Australians who prefer paper gold. Indian diaspora in Australia (over 700,000 strong) traditionally purchase 22K jewellery from Indian jewellers in Melbourne's Dandenong and Sydney's Parramatta and Auburn precincts during festivals like Diwali and Akshaya Tritiya.

Live analysis of 22K gold prices This month in Australia. Compare highest and lowest rates reached with daily volatility charts.