Australian gold and silver sales eased in February from their three-month highs in January but leapt over their totals from a year earlier, the latest figures from the Perth Mint show.
Silver sales scored a sixth consecutive month above 1 million ounces, and they also marked the sixth highest month since CoinNews started tracking the Mint’s data in February 2013.
Bullion Sales in February 2016
February sales of Perth Mint gold coins and gold bars reached 37,063 ounces, falling 22.4% from the previous month but rising 15.9% from February of last year.
For the year-to-date, gold sales total 84,822 ounces for a 53.8% increase over the 55,155 ounces delivered during the first two-months in 2015.
The Mint sold 1,049,062 ounce in bullion silver last month, down 28.8% from January but up 167.5% from a year earlier.
Silver sales tally to 2,522,470 ounces for the year for an increase of 157.9% from last year’s opening two-month total of 978,067 ounces.
Perth Mint Gold and Silver Sales by Month
Below is a monthly breakdown of Perth Mint bullion sales from February 2015 to February 2016.
|Perth Mint Bullion Sales (in troy ounces)|