Perth Mint Gold and Silver Bullion Sales Climb in January

by CoinNews.net on February 15, 2019 · 0 comments

Perth Mint 9999 Fine 1 Ounce Silver Bars

Perth Mint 9999 Fine 1 Ounce Silver Bars

Demand for Australian bullion products increased in January from December but fell from their levels of a year ago, according Perth Mint figures published February 4, 2019.

The monthly gains were supported by surging precious metals with LBMA prices in January scoring increases of 3.3% for gold and 3.9% for silver.

Bullion Sales in January 2019

The Perth Mint’s sales of gold coins and gold bars combined last month to 31,189 ounces, rising 6.9% from December but sliding 16.1% from the same month a year earlier.

January sales of of the Mint’s silver coins and silver bars reached 828,854 ounces, climbing 19.6% from the previous month but dropping 22.4% from January 2018.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from January 2018 to January 2019. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.

Perth Mint Bullion Sales (in troy ounces)
  Silver Gold
January 2019 828,854 31,189
December 2018 692,971 29,186
November 2018 876,446 64,308
October 2018 1,079,684 36,840
September 2018 1,305,600 62,552
August 2018 520,245 38,904
July 2018 486,821 29,921
June 2018 229,280 16,847
May 2018 557,120 14,800
April 2018 458,655 15,161
March 2018 975,921 29,883
February 2018 992,954 26,473
January 2018 1,067,361 37,174

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