Gold coins are made from gold. At the world standard level, it’s a part of saving and investing. Therefore, investing in gold coins is similar to investing in gold bar. However, there is some difference, which is the unit of measurement.
The differences unit of measurement in trading:
Units
Gold Coins
Gold Bars
Thai
Baht, Grams, Kilograms
Baht, Kilograms
Foreign Countries
Grams, Ounce, Kilograms
Grams, Ounces
The differences in type of trading:
Types
Gold Coins
Gold Bars
Purposes
Saving or long term investing
Short or long term investing
Trading Methods
Gold shops, Gold retailers, Websites (Similar to other kinds of consumer goods)
International Gold percentage 99.99% - Pricing at spot gold price
2. Where and how can I purchase gold coins?
Ausiris Gold Coins can be purchase through two different channels which are:
at our shops or at 4 branches of Ausiris Company.
through our website at www.ausiris.co.th
Ausiris Gold Coins can be purchased and will be price according to the gold price from Thailand Gold Trader Association plus the goldsmith’s charge. (The goldsmith’s charge will be varied and it will be charge according to their design and complexity.)
3. Could I sell back my gold coins? How?
Ausiris Gold coin could be sold back at our shops or at 4 of our Ausiris Company branches. Buying back price would be bought back at the buying price announced by Thailand Gold Trader, Association, excluding the goldsmith’s charge. You will be receiving the payment by cash.
4. How can I purchase and receiving my gold?
Ausiris Gold Coin’s price purchasing:
If you are the membership of Ausiris Gold Bar Trading – Using the same trading method as trading gold bar. You can make your payment through ATS, Bill payment or cash(full payment)
If you are not the membership of Ausiris Gold Bar Trading – You can make your full payment through Bill Payment or cash.
How to receive Ausiris Gold Coins? You can receive Ausiris Gold Coins at the shops or at 4 Ausiris Company branches.
5. How and what standard is being used to produce Ausiris Gold Coins?
Ausiris Gold coins are smelted from 99.99% pure gold (imported from Switzerland) to 96.5%gold, by using world international manufacturing standard and quality control. We are having quality control test in every single piece of our goods to ensure our gold percentage purity, weight, and finished goods quality. As such, our customer can be ensured of the quality of gold coins we provided.
6. Do Ausiris Gold Coins have goldsmith’s charge? Why do I have to pay for the goldsmith’s charge?
Ausiris Gold Coins do have goldsmith’s charge. Ausiris Gold Coins are produced focusing on the beauty of each individual design. Therefore, gold coins required more complicated craftsmanship. While gold bars are focusing on the value rather than beauty.
Weight
Type
Goldsmith’s Charge
0.25 Baht
Ausiris Gold Coin
100 Baht
0.50 Baht
Ausiris Gold Coin
120 Baht
1 Baht
Ausiris Gold Coin
150 Baht
2 Baht
Ausiris Gold Coin
200 Baht
1 Baht
Premium Gold Coin
200 Baht
2 Baht
Premium Gold Coin
250 Baht
7. How does gold coin related to saving?
Gold coin is a part of saving; this is because the main purpose of saving is for future spending.
The key success for saving is self- discipline and consistency. For starting, gold bar might be something that cost very high for some people. However, gold coin is started at the lower weight. This means that you can have a good head start of gold saving at the lower amount of money. Therefore, saving of gold can be stared much earlier. For an example, if you received 30000 baht a month and you want to set aside 5000 baht monthly for gold bar saving, it will take about a year or more for you to obtain a gold bar. However, with the same amount of money set aside for saving (5000 baht) monthly, only in the first month you can already obtain a smallest size of gold coin (0.25 Baht) for saving. As such, gold coin is the faster option for gold saving or investing.
8. How is gold coin popular in the general market?
Gold coin has a very long history record, ever since; the Roman used gold coin as their currency for exchanging goods and trading. Later, gold coin is becoming more popular in many countries. Gold coins, then are being produced and crafted with the image of each countries’ kings to show their wealth and prosperity. From then till now, gold coins are accepted by people who see the value in them. People started to collect gold coin for different benefits and purposes. For example, collect for their beauty, collect for their value or collect for long term investment (because gold coins are made of gold and it will have value in itself, as such, it is dependable in case of emergency.) Gold coins trading are popular in international level in many ways such as for collection, saving and investing. As we can notice, in gold trading market, not only we can see gold bars trading, there are markets for gold coins trading too. The gold coins trading are being so popular and widely spread out. It is now so common and easy to access just like any other consumer goods.
9. What are Ausiris services?
Since gold coins are still not popular in Thailand, Ausiris Company Ltd, wanted to respond to the needs of the group of the common gold traders. Ausiris services are:
purchased back our Ausiris Gold Coins.
Provided related news and other kind of modern services through our website, www.ausiris.co.th
Ausiris gold trading membership will receive the benefit of receiving news related to gold trading through SMS on your mobile phone for 1 month, and also will receive other special benefit.
10. If I decided to buy gold coins, when should I do it and why?
For the purpose of saving, buying gold coins are one of very good options. It will be a very good tool for savings. This is because it setup methods, time and system for good savings. Which kind of gold coins should you save? It‘s depend on your personal preference.
Systematic in saving is more important than the amount of saving. This is because saving has already set a frame in system for the saver to follow consistently and it is predictable, as it is already in the plan. Therefore, Gold Coins can be a tool for everyone to use them.
For purchase timing, it will be the best if we can set it. However, gold price is changing almost all the time. As such, you should use the price tendency together with timing to determine your buying decision. For example, if the economics is still down, and other form of asset class is still not active, the tendency of the gold price throughout the year should be increasing. Therefore, you should slowly purchase gold coins according to your plan schedule. On the other hand, if the tendency of the gold price throughout the year seemed to be decrease, you might require more information to make your decision. You should discuss with the expert who have information and able to give you advice in gold investment.
13 FAQ of gold trading with Ausiris
1. In trading gold with Ausiris, is there a real gold being delivered, or only just a trading contract?
In trading gold with Ausiris, real gold is being delivered not just the contract.
2. If I am interested to trade or invest in gold with Ausiris, what are documents require, and how much is the fees?
The documents require are:
A copy of household record book.
A copy of I.D. or passport
A copy of a bank book (either SCB or KBANK)
**There is no fee for trading**
3. Where can I find the news and information regarding the changes of gold price or anything that might be useful for my investment?
You can search the news and information from www.ausiris.co.th
By calling to ask for news, information or discuss with our Ausiris traders at anytime during operating hours.
Apply for receiving news and information from Ausiris through SMS (SMS Package)
4. What is the minimum volume that can be trade and what kind of information that the Ausiris’ traders can provide?
For gold bar 96.5% minimum 5 Baht (Do not have goldsmith’s charge)
For gold bar 99.99% minimum 10 Baht (Do not have goldsmith’s charge)
Apply for receiving news and information from Ausiris through SMS (SMS Package)
***Traders will be provided information of the changes in gold price, news, tendency and some techniques for investment. Customers are free to call at anytime during operating hours
5. In trading gold, the price is referred from?
96.5% the price is referred from Thailand Gold Trader Association.
99.99% the price is referred from Thailand Gold Trader Association by adding approximately 3.5% to the price of 96.5% gold.
6. How can I be confidence that the gold bar that I have bought is really 96.5% or 99.99%?
For trading of 96.5% gold, there will be international standard of brand, weight, gold percentage and Serial Number. And most important, Umicon who is the German Gold Smelting Company is the company who smelted the gold for Ausiris and guarantee for the Ausiris gold bars.
For 99.99% gold, by the brand PAMP is imported from Switzerland. It was certified by London Bullion Market Association (LBMA)
7. What is the difference between 96.5% and 99.99% gold? And in Thailand market which is more popular to use for trading?
It’s different in purity and price. 99.99% gold have more content of gold purity than 96.5%, therefore, it will cost more than 96.5%. However, in Thailand, 96.5% gold is more popular and more commonly use for trade.
8. Why should I invest in gold bar compare to the other asset class such as stocks and bonds which are provided more returns?
For the investors, it is a wise decision to invest in gold. This is because the gold price is quite stable and able to diversified risk in the portfolio due to its’ high liquidity. Normally, in a portfolio, about 5-10% should be invested in gold.
For the common saving, you should invest in gold to avoid risk from inflation. What’s more is that the gold price tendency is increasing; therefore, it will be a good time to invest in gold.
9. If there is profit making form gold trading, does the revenue department collect taxes?
No. This is because gold bar is considered as mobility assets similar to car; therefore, no taxes will be collected.
10. If customer want to sell the gold from other shop which is not from Ausiris, will it be accepted?
Yes, if the gold is up to international standard, in term of weight and percentage of gold purity.
11. Ausiris 96.5% gold is having the same standard with the other gold shop or not and how different in the trading methods.
Able to trade through phone lines. In which the customer can make the payment after 2 working days. The standard for payment is (T+2)
Payment method can be done through many channels such as cash transfer or ATS.
Provided news and information as reference for customer to make decision.
Provided keeping gold bar services by keeping them at the safety box in the bank (Only some selected bank)
12. Is there any fee for membership applicant or any trading transaction fees?
There is no fee.
13. Do Ausiris provide gold deposit system?
No, currently we still do not have or provide gold deposit. However, we are working on the progress and there might be possible in the near future.
6 FAQ for Being a Membership of Ausiris SMS Package
1. What is SMS Package?
Sending messages through your mobile phone system. The messages send will be any news regarded to gold and its price. It will be consisting of: 1) Updated price, 2) Any news or information that might directly affect the changes of gold price, and 3) Tendency and strategic move in gold investment.
2. What is the advantage of SMS Package?
SMS helps to inform you about the movement of gold price from both domestic and overseas.
Inform about the world news that might affect the gold price.
Help to inform you about the step and momentum of price to make decision in both buying and selling.
3. What is SMS Package consisted of?
Updated both 99.99% and 96.5% gold price.
Thai currency exchange rates.
World news and events that might directly affect the gold price.
Strategy in gold investment.
4. Are there any fees for SMS Package?
Free 7 days trial.
SMS package cost 29 Baht/ Month
5. Who can have the right to receive SMS Package?
Everyone who wants the information and news regarding gold price, can applied for SMS Package services. The service is available for every mobile service providers. (AIS, Dtac and Truemove)
6. How to apply for using the SMS Package services?
Press *469411104 and press call, or sending SMS by typing A and send to 4694111.
After you have done one of the above option, soon, you will receive a confirmation SMS through your mobile phone.
If you have any doubt regarding applying for SMS Package, do not hesitate to ask for our assistance at 02-872-8422 (Mon- Fri, from 09.00- 17.30)
10 FAQ of Internet Trading
1. What are the advantages of Internet trading?
Trading gold with Ausiris with simple method of Internet trading by just clicking.
Simple, convenient, fast and safe.
2. Disadvantage of Internet trading
Minimum volume is none less than 20 Baht.
6% of cash must be place as initial margin before you able to trade online.
3. Since I already am a member of Ausiris, why do I have to apply for the membership again for Internet Trading?
To inform the customer about the rule and regulations about Internet trading before accepted it.
4. What is the different in price of gold between Internet trading and trading through phones?
Online trading is just another trading option for the customer in which provided more convenient and faster speed. Therefore, the price compare to the phone trading is no different.
5. Why do we have to place initial margin as collateral before trading?
To avoid risk in each trading (in each order) this is the normal standard in trading with brokers system in both domestics and international levels.
6. An example: pattern of placing initial margin, as collateral before trading.
Place 6% as initial margin before trading. Example, Mr. A wants to by 20 Baht of gold bars. (The price on that moment is 15000 Baht per 1 Baht of gold) Therefore, he has to calculate the amount of initial margin this way:
Initial margin = Volume of gold he wants to buy x the price of gold at that moment x 6%
So the amount of money Mr. A has to place as collateral = (20x15000x6%) = 18000 Baht.
7. Why do we have to have a different account for initial margin separated from the account we used in trading gold?
To separate the trading account and initial margin part, in order not to get the funds mixed up.
8. How can I make sure that the data trading through internet will be perfect as trading though the traders’ staff?
On Internet Trading, the customer can check their order themselves by checking whether, there is gold entering their portfolio on the buying confirmation page.
Customer can confirm print after they have confirmed their purchase.
9. How can I Solve the problems if it’s occur during online Internet trading?
You can contact Ausiris at any branch according to the phone number provided.
10. In case of the amount of money did not pass the qualification for trading gold, what should I Do?
You can prepare your additional documents and handle to us again at any time.
