Perth Mint Gold and Silver Bullion Sales Retreat in April

2018 Australian Kangaroo 1 oz Silver Bullion Coin
CoinNews photo of a 2018 Australian Kangaroo 1 oz Silver Bullion Coin

Sales of Australian bullion coins and bars declined in April from March, according to Perth Mint figures published May 2, 2018. They were split compared to the same month a year ago, with gold sales stronger and silver sales slightly weaker.

April bullion coin and bar increases registered against divided precious metals with LBMA prices for the month down 0.8% for gold and up 0.6% for silver.

Bullion Sales in April 2018 & YTD

Perth Mint sales of gold coins and gold bars reached 15,161 ounces last month, sliding 49.3% from March but rising 44.5% from April 2017 when they registered their lowest monthly total since CoinNews started tracking the Mint’s data in February 2013.

For the year to date, gold sales at 108,691 ounces are 16.9% lower than the 130,724 ounces sold in the first four months of last year.

April sales of silver coins and silver bars advanced 458,655 ounces, logging declines of 53% from March and 2.2% from a year ago April.

Silver sales for the year so far at 3,494,891 ounces are 19.8% higher than the 2,918,480 ounces sold during the same period in 2017.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from April 2017 to April 2018. 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
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
December 2017 874,437 27,009
November 2017 544,436 23,901
October 2017 999,425 44,618
September 2017 697,849 46,415
August 2017 392,091 23,130
July 2017 1,167,963 23,675
June 2017 1,215,071 19,259
May 2017 826,656 29,679
April 2017 468,977 10,490
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