24-Karat · .9999 Fine Gold · Australian Legal Tender
Australian
Gold Kangaroo
One of the world's most recognized 24-karat gold bullion coins. Minted by the Perth Mint with .9999 fine purity.
Live Gold Kangaroo Pricing
Current market data for the 1 oz Australian Kangaroo Gold coin.
Australian Gold Kangaroo Price
Product pricing (NG)
Current Ask Price
$4,426.90
per 1 oz Gold Kangaroo
Bid
$4,253.30
Ask
$4,426.90
Market Stats
Open
$4,437.10
High
$4,450.40
Low
$4,422.80
Prev Close
$4,415.70
As of: Dec 18, 2025, 10:55 AM
Australian Kangaroo Gold (NG) pricing from Monex - Updated on page load
Why Australian Gold Kangaroo?
A premier 24-karat gold bullion coin from the Perth Mint, with .9999 fine purity and full government backing.
.9999 Fine Purity
Minted from 24-karat gold at .9999 fineness. The Australian Kangaroo contains one full troy ounce of pure gold with no alloys, matching the highest purity standards worldwide.
Australian Legal Tender
Produced by the Perth Mint with a $100 AUD face value. Weight and purity are guaranteed by the Australian government, ensuring worldwide dealer recognition.
IRA Eligible
Qualifies for Precious Metals IRAs under IRS rules. The .9999 purity exceeds the .995 fineness minimum required for tax-advantaged retirement accounts.
Who Buys Gold Kangaroo Coins?
The Australian Kangaroo appeals to investors who prioritize purity, government backing, and strong global liquidity.
Purity-Focused Investors
Investors who want maximum gold content choose the Kangaroo's .9999 fine purity. Each coin contains exactly one troy ounce of pure 24-karat gold.
IRA Investors
Those building Precious Metals IRAs value the Kangaroo's IRS-approved status, government guarantee, and strong secondary market for eventual distributions.
Collectors & Investors
The annually changing kangaroo design appeals to collectors and bullion investors alike, adding collectible appeal to investment value.
Capital Requirement
Based on current Gold Kangaroo (NG) ask price:
per 1 oz Gold Kangaroo
NG pricing varies with gold spot and dealer premiums
Comparing Gold Bullion Coins
Understanding how the Australian Kangaroo compares to other leading gold bullion coins helps you make informed decisions.
| Feature | Gold Kangaroo | Gold Eagle | Maple Leaf |
|---|---|---|---|
| Gold Purity | .9999 (24K) | .9167 (22K) | .9999 (24K) |
| Issuing Mint | Perth Mint | U.S. Mint | Royal Canadian |
| Face Value | $100 AUD | $50 USD | $50 CAD |
| IRA Eligible | Yes | Yes | Yes |
| Typical Premium | 2-4% | 3-5% | 2-4% |
| Best For | Purity + Low Premium | Durability | Purity + Low Premium |
Iconic Design & Heritage
The Australian Kangaroo features one of the most dynamic coin designs in the bullion world.
Obverse: Queen Elizabeth II / King Charles III
The obverse features the reigning monarch of Australia. Recent issues display King Charles III following Queen Elizabeth II's portrait which appeared on coins from 1986 through 2022.
Design Note: The effigy of the monarch represents the coin's status as official Australian legal tender.
Reverse: Australian Kangaroo
The reverse features a dynamic kangaroo design that changes annually, making each year's issue unique. This iconic Australian symbol represents the nation's natural heritage.
First Minted: Originally launched as the Gold Nugget in 1986, the series was renamed to feature the kangaroo design in 1989.
Questions & Answers
Common questions about Australian Kangaroo Gold coins answered by our editorial team.
What is the Australian Gold Kangaroo coin?
The Australian Gold Kangaroo is a 24-karat gold bullion coin minted by the Perth Mint since 1986. It contains exactly 1 troy ounce of .9999 fine (pure) gold, making it one of the world's purest gold bullion coins. The coin carries a $100 AUD face value and is legal tender in Australia.
Why is the Gold Kangaroo .9999 pure?
The Gold Kangaroo was created to compete with other 24-karat bullion coins like the Canadian Maple Leaf. The .9999 purity appeals to investors who want maximum gold content and those whose IRA custodians require pure gold products. Unlike the Gold Eagle (.9167 fine, 22-karat), the Kangaroo contains one full troy ounce of pure gold with no alloys.
How much does an Australian Gold Kangaroo cost?
At current gold prices, an Australian Gold Kangaroo costs approximately ~$4,210–$4,650 depending on spot price and dealer premiums. The price consists of the gold spot value plus a premium typically ranging from 2-4% for standard bullion coins.
Are Gold Kangaroo coins easy to sell?
Yes, Australian Kangaroo Gold coins are highly liquid. As Perth Mint products with legal tender status, they're recognized and readily purchased by dealers worldwide. Most established dealers will buy Gold Kangaroo coins at competitive prices, typically within 2-3% of spot.
Can I hold Gold Kangaroo coins in my IRA?
Yes, Australian Gold Kangaroo coins are IRS-approved for Precious Metals IRAs. Their .9999 fine purity exceeds the IRS minimum of .995 for gold, and their government-minted status meets eligibility requirements. Coins must be held by an approved custodian in an approved depository while in your IRA.
Further Reading
View current pricing or browse the resource library for detailed guides on premiums, storage, and IRA eligibility.