Perth Mint Bullion Sales Mixed in January

2015 Australian Kangaroo 1oz Gold Bullion Coin
Perth Mint sales were mixed last month
2015 Australian Kangaroo 1oz Gold Bullion Coin
Perth Mint bullion sales were mixed last month

Demand for Australian bullion products was mixed in January compared to December with silver sales higher and gold sales lower, figures from the Perth Mint of Australia show. Mint sales of both silver and gold products declined from a year ago.

Perth Mint bullion sales were logged against a backdrop of soaring precious metals. London fixings in January scored gains with gold up 5.1% and silver up 6%.

Bullion Sales in January

January sales of Perth Mint gold coins and gold bars advanced 23,174 ounces, down 42.4% from December sales of 40,211 ounces and 64.3% lower than sales of 64,818 ounces from a year earlier. The monthly total was the lowest since April 2012.

Perth Mint sales of silver coins jumped by 585,953 ounces last month, 22.7% more than the prior month but 35.8% lower than the 912,388 ounces sold in January 2014.

Perth Mint Gold and Silver Sales by Month

Below is a monthly breakdown of Perth Mint bullion sales from January 2014 to January 2015.

Perth Mint Bullion Sales (in troy ounces)
Silver Gold
January 2015 585,953 23,174
December 2014 477,731 40,211
November 2014 851,836 49,904
October 2014 655,881 55,350
September 2014 756,839 68,781
August 2014 818,856 36,369
July 2014 577,988 25,103
June 2014 586,358 39,405
May 2014 630,349 36,127
April 2014 361,988 23,461
March 2014 545,165 30,177
February 2014 392,088 47,003
January 2014 912,388 64,818


US Mint Bullion Sales in January

U.S. Mint bullion sales in January were higher than in December and mixed from a year ago January.

American Silver Eagle bullion sales at 5.53 million ounces rallied 124.9% from December sales of 2.459 million ounces and climbed 15.8% from sales of 4.775 million ounces in January 2014.

American Gold Eagle bullion sales at 81,000 ounces surged 350% from prior-month sales of 18,000 ounces but declined 11.5% from the 91,500 ounces sold a year earlier.

American Buffalo gold coins at 34,500 ounces soared 667% from December sales of 4,500 ounces yet dropped 16.9% from sales of 41,500 ounces in January 2014.

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