Perth Mint Bullion Sales Mostly Steady in First Half of 2019

by CoinNews.net on July 25, 2019 · 0 comments

Perth Mint 9999 Fine 1 Ounce Silver Bars

Perth Mint 9999 Fine 1 Ounce Silver Bars

Sales of Australian bullion products divided in June from May and climbed from a year earlier, according to the latest figures from The Perth Mint of Australia.

In comparing bullion sales for the Mint’s products through the first half of this year against the first six months of last year, they slowed somewhat for gold and they were about the same for silver.

Bullion Sales in June and First Half of 2019

Perth Mint sales of gold coins and gold bars combined last month to 19,449 ounces, posting gains of of 80.3% from May and 15.4% from July of last year.

Gold sales through the first half of 2019 at 133,700 ounces are 4.7% lower than the 140,338 ounces sold during the first six months of 2018.

June sales of the Mint’s silver coins and silver bars at 344,474 ounces sank 49.5% from May but jumped 50.2% from June 2018.

Silver sales through the first half of this year at 4,281,254 ounces virtually match the 4,281,291 ounces sold during the same period last year.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from June 2018 to June 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
June 2019 344,474 19,449
May 2019 681,582 10,790
April 2019 906,219 19,991
March 2019 935,819 32,757
February 2019 584,310 19,524
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

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