If a supporter wins Gold Bullion, they have the option to store the gold with ABC Bullion at no cost, or sell part of or all of the gold back to ABC Bullion at any time. They can sell the gold through their ABC Bullion Account online, or by calling them directly on 1300 361 261.
ABC Bullion will provide the supporter with a Purchase Order within 24 hours for them to sign and nominate a bank account. All Purchase Orders received by ABC Bullion before 3pm Sydney time weekdays will be processed the same day. The value of the gold is then deposited into the nominated bank account.
It's important to remember that the Buy Back price is different to the Sell price of gold. The Sell and Buy Back prices for gold are listed live and updated on the ABC Bullion website every 5 minutes to most accurately reflect the current market prices. A small brokerage fee is included in the Buy Back price, so there are no additional charges.