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Barring charges cover the costs of fabricating our ABC Pool Allocated Products into a specific bar, coin or tablet at the election of a client.
The barring charges are a very simple calculation. Please see an example below.
Example
Assume you have 1 troy ounce of gold bullion in ABC Pool Allocated Product, currently worth AUD $2,000. Assume that at the same time, ABC Bullion is selling a physical 1 troy ounce gold cast bar for AUD $2,030.
In this case, the differential between your holdings, and the physical cast bar itself, is AUD $30.
If you wanted to convert your 1 troy ounce of ABC Pool Allocated Product into a 1 ounce ABC Bullion gold cast bar, then the fee you would pay would simply be AUD $30, plus GST.
