The ANZ Gold Account – a simple, secure and convenient way to hold and transact paper gold.
Why invest in an ANZ Gold Account?
Greater stability in uncertain times
Historically, gold has been viewed as a foundation asset for long-term stable investments and has weathered many economic and political uncertainties. Furthermore, it has often been regarded as anti-inflationary and a hedge against currency fluctuations.
Diversify your portfolio
Besides traditional financial asset classes like stocks and bonds, many investors seeking wider diversification now incorporate alternative investments, such as precious metals, into their portfolio. Gold offers a valuable contribution to one’s portfolio as the gold price tends to be driven by factors not correlated with other assets.
Safe and secure gold investments
Unlike physical gold, bullion coins and gold bars, you need not worry about purity levels, storage costs or security risks with an ANZ Gold Account. The ANZ Gold Account provides you with a simple, secure and convenient way to hold and transact paper gold.
Better control and convenience
With an ANZ Gold Account, you can buy and sell gold at market prices (XAU Spot) in transaction quantities as small as 15 troy ounces at any time during banking hours. ANZ also offers gold quotations and encashments into leading currencies like SGD USD, EUR, GBP, AUD, NZD, and JPY.
Features at a glance
- 15 troy ounces for purchasing, selling and maintaining (increments of 1 troy ounce thereafter).
- SGD, USD, EUR, GBP, AUD, NZD, JPY.
- Non-interest bearing
- No physical deposit, delivery or withdrawal of gold permitted
- No wire-transfers into and out of the ANZ Gold Account.
- None. However, an administrative fee applies for ANZ Gold Accounts which have been inactive for a period of 2 years.
Terms and conditions
Please note that the above is published for information and general circulation purposes only and does not constitute nor purport to constitute any form of advice, recommendation or offer to sell or issue, or invitation to offer or solicitation, to buy, invest in or subscribe for any product or service, and any representation or warranty in respect of any product or service.
You should determine if investing in Gold fits with your financial goals, risk appetite and personal situation. You must make your own financial assessment of the relevance, accuracy and adequacy of the information provided in this publication together with such independent investigation as you may consider necessary or appropriate for the purpose of such assessment.
The Bank from time to time prescribes a minimum risk profile for opening a ANZ Gold Account and investing in Gold, but this does not constitute a product suitability recommendation.
ANZ Gold Accounts are rated "medium risk".
ANZ Gold Account is not an eligible deposit under the Deposit Insurance Scheme.
An administrative fee of USD 100 per year of inactivity will be imposed on ANZ Gold Accounts which have been inactive for a period of 2 years.
This product may not be offered or sold within the United States or to or for the benefit of US Persons. Neither this document nor any copy thereof may be sent or taken into the United States or distributed in the United States or to a US Person.
Australia and New Zealand Banking Group Limited reserves the right to make changes and corrections to the information in the brochure at any time, without notice.