When I Win Gold, how does it actually work?

By: yourtown 10 Oct Blog, yourtown, Prize Homes, Prize Draws

Our latest Prize Home Draw gives you the chance to Win Gold!

But how do you get your hands on it?

Our latest Prize Home Draw gives you the chance to choose between a coastal hidden gem in Noosaville on the Sunshine Coast… OR panoramic harbour views in Drummoyne, Sydney PLUS an amazing $170,000 Gold.

It’s exciting to think about what you would do with it!

Past Gold winners have asked, "How do I get the Gold home?" or, "Do I need a truck to pick it up?"

But there's no need to arrange transport for your Gold. It’s really much more simple than that!

So how do I actually access and use my Gold?

Though it’s fun to imagine, the Gold doesn’t actually come in the form of bars you have to physically collect and store (unless you want to, of course!).

The Gold Bullion is actually held in an account with As Good As Gold Australia. It can be sold for cash or kept until you are ready.

So if you're watching the Gold price you might choose to sell it on a high day.

Or you could sell some, and keep some to sell later.

The choice is yours!

Either way, you don’t have to worry about finding a way to store your Gold. That’s already sorted for you.

Just a note

We buy the Gold on the day of the Draw to the value of the Prize, at the price of Gold on that day.

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.

So what would you do with Gold?

Buy your dream car? Pay off your mortgage? Go on a lavish holiday?

Maybe you could do all three!

But as the saying goes, you have to be in it to win it. Make sure you’ve got a ticket in our latest Prize Home Draw, for your chance to WIN!

About yourtown...

We’re a community funded organisation that tackles issues like youth unemployment and mental health, and takes on issues like domestic and family violence. 


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