As a specialised bullion auction site The Bullion Market provides tools that are tailored to buying and selling bullion. The Bullion Market organises bullion into specific categories for easy comparison and provides for both sides of the market by allowing buyers to create wanted listings. Listings can also be altered easily without penalty and trading information is displayed in real time in a unique graphic.
The Bullion Market is a specialised auction site where New Zealanders can buy and sell gold and silver bullion. Created to facilitate trading in the real physical bullion market and provide an opportunity for New Zealanders to easily see current trading prices. The Bullion Market caters to both buyers and sellers, enabling both sides to create listings.
The Bullion Market has developed a unique graphical display tool to show real time changes to the listings available and the price that bullion is selling for. The 'market' display shows the quantities available at different price levels for bullion for sale and bullion wanted, with the last sale price shown in $/oz. Best of all this is updated and shown in real time.
The Bullion Market brings to life the other side of the market for physical bullion by allowing buyers to create 'wanted' listings and let sellers better know what they want. Sellers are then able to decide to sell to buyers from these listings. In doing so a more efficient price discovery can take place and both sides can be involved in the process.
Another tool unique to The Bullion Market is the Quick Listing function where listings can be amended and removed quickly and easily without penalty. By allowing this flexibility The Bullion Market allows sellers and buyers to react to changes better and feel comfortable creating listings.