Australian bullion demand hit multi-month highs in March, according to data published by The Perth Mint of Australia, with both gold and silver sales posting sharp increases compared to February – a month that had already shown improvement over January, when gold sales hit a 10-month low and silver sales fell to a 67-month low.
The Mint’s sales occurred against a backdrop of soaring precious metal prices. In March, LBMA prices (USD) saw gold jump 9.9% and silver rally 9.4%.
Perth Mint Gold Bullion Sales in March and First Quarter 2025
The Perth Mint’s March sales of gold coins and bars climbed to 40,537 ounces – the highest monthly total since November – jumping 61.5% from February and soaring 146.6% above March 2024.
Neil Vance, General Manager of Minted Products at Mint, said it was encouraging to see demand for minted products rebounding despite elevated precious metal prices.
"Our gold Kangaroo coins are more popular than ever, with sales particularly strong in Australia and Germany," Vance noted. "Our 1oz gold and silver bullion 2025 Year of the Snake coins have sold out which is testament to the enduring popularity of the Lunar series around the world."
For the quarter, gold sales totaled 84,188 ounces, representing a 4.5% decline from the 88,179 ounces sold during the same period last year.
Perth Mint Silver Bullion Sales in March and First Quarter 2025
Sales of minted silver coins and bars reached 713,306 ounces in March – the highest monthly total since December – rising 47.9% from February but down 17.1% compared to March 2023.
"Our new silver Koala coins have also been very well received," Vance commented.
For the quarter, silver sales totaled 1,610,732 ounces, down 38.9% from the 2,636,850 ounces recorded in the first three months of 2024.
Perth Mint Gold and Silver Sales by Month through March 2025
Below is a monthly summary of Perth Mint bullion sales from January 2022 to March 2025. 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 | |
| March 2025 | 713,306 | 40,537 |
| February 2025 | 482,451 | 25,103 |
| January 2025 | 414,975 | 18,548 |
| December 2024 | 1,057,311 | 31,727 |
| November 2024 | 1,055,657 | 58,136 |
| October 2024 | 539,898 | 29,935 |
| September 2024 | 963,198 | 53,143 |
| August 2024 | 647,382 | 25,884 |
| July 2024 | 939,473 | 25,457 |
| June 2024 | 491,946 | 22,520 |
| May 2024 | 796,934 | 23,238 |
| April 2024 | 684,735 | 33,387 |
| March 2024 | 860,672 | 16,442 |
| February 2024 | 1,006,852 | 47,086 |
| January 2024 | 769,326 | 24,651 |
| December 2023 | 681,490 | 36,297 |
| November 2023 | 672,623 | 53,520 |
| October 2023 | 1,073,553 | 42,302 |
| September 2023 | 1,116,779 | 36,530 |
| August 2023 | 792,503 | 34,875 |
| July 2023 | 863,485 | 44,009 |
| June 2023 | 1,326,011 | 73,124 |
| May 2023 | 1,881,001 | 72,889 |
| April 2023 | 1,947,743 | 75,166 |
| March 2023 | 1,823,096 | 80,541 |
| February 2023 | 1,484,936 | 52,241 |
| January 2023 | 1,233,344 | 64,395 |
| December 2022 | 1,634,751 | 60,634 | November 2022 | 1,315,293 | 114,304 |
| October 2022 | 1,995,350 | 183,102 |
| September 2022 | 2,579,941 | 88,554 |
| August 2022 | 1,655,334 | 84,976 |
| July 2022 | 2,465,513 | 79,305 |
| June 2022 | 1,523,765 | 65,281 |
| May 2022 | 2,217,582 | 98,515 |
| April 2022 | 2,119,491 | 80,941 |
| March 2022 | 1,649,634 | 121,997 |
| February 2022 | 1,632,323 | 72,651 |
| January 2022 | 2,387,165 | 66,709 |
Bullion Coins Released in March 2025
In March, as reported by The Perth Mint, the following bullion coins were released:
- Australian Koala 2025 1oz Silver Bullion Coin
- Australian Koala 2025 1 Kilo Silver Bullion Coin
In February, as reported by the Mint, the following bullion coins were released:
- Lunar Snake 1oz Silver Minted Bar in Pouch
- Lunar Snake 1oz Silver Minted Bar in Tube
- Lunar Snake 1oz Gold Minted Bar
- Chinese Myths and Legends Four Guardians 2025 1oz Gold Bullion Coin
- Australian Kookaburra 2025 1 Kilo Silver Bullion Coin
- Australian Wedge-tailed Eagle 2025 1oz Silver Bullion Coin
In January, as reported by the Mint, the following bullion coins were released:
- Lunar Dragon 1oz Silver Minted Bar in Tube
- Lunar Dragon 1oz Silver Minted Bar in Pouch
- Australian Lunar Series III 2025 Year of the Snake 1oz Silver Bullion Coin with Dragon Privy
- Australian Lunar Series III 2025 Year of the Snake 1oz Gold Bullion Coin with Dragon Privy
In November, as reported by the Mint, the following bullion coins were released:
- Australian Kangaroo 2025 1oz Silver Bullion Coin in Tube
- Australian Kangaroo 2025 1oz Silver Individual Bullion Coin
- Australian Kangaroo 2025 1 Kilo Gold Bullion Coin
- Australian Kangaroo 2025 1oz Gold Bullion Coin
- Australian Kangaroo 2025 1/2oz Gold Bullion Coin
- Australian Kangaroo 2025 1/4oz Gold Bullion Coin
- Australian Kangaroo 2025 1/10oz Gold Bullion Coin
- Australian Kangaroo 2025 1oz Platinum Bullion Coin
- Australian Lunar Series III 2024 Year of the Dragon 10 Kilo Silver Bullion Coin
- Australian Koala 2024 1/10oz Gold Bullion Coin
- Australian Koala 2024 1/10oz Platinum Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1 Kilo Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 5oz Silver Bullion Coin
In October, as reported by Mint, the following bullion coins were released:
- Australian Wombat 2024 1oz Silver Bullion Coin
- Super Pit 2024 1oz Silver Individual Bullion Coin
- Super Pit 2024 1oz Silver Bullion Coins in Tube
- Super Pit 2024 1oz Gold Bullion Coin
- Super Pit 2024 5oz Gold Bullion Coin
- Welcome Nugget 2024 1oz Gold Bullion Coin
- Chinese Myths and Legends Four Guardians 2024 1oz Silver Bullion Coin
In September, as reported by the Mint, the following bullion coins were released:
- Australian Lunar Series III 2025 Year of the Snake 2oz Gold Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1oz Gold Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1/2oz Gold Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1/10oz Gold Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1/4oz Gold Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 2oz Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1oz Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1/2oz Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1oz Platinum Bullion Coin
- Australian Emu 2024 1oz Silver Bullion Coin
- Australian Emu 2024 1oz Gold Bullion Coin
Bullion Coins That Sold Out
The Mint also reported that the following bullion coins "recently sold out:"
- Australian Lunar Series III 2025 Year of the Snake 1oz Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1oz Gold Bullion Coin
- 2024 125th Anniversary of The Perth Mint 1oz Platinum Bullion Coin
Reb, Adrian Legg is a true guitar artiste! He’s coming up on his 77th birthday on May 16th. Apparently he’s opened every show for the past 30-40 years with a warm up song called, “Midwest Sunday”. I’ve included a link to his first home made video, a self recording he made on February 4, 2025. Thanks Reb for looking him up and in my minds eye, I’d envision or at least like to think, he at some point influenced Mr. Jon Gomm? I hadn’t realized yesterday that your post led me stumble upon Mr Gomm, whom, “In 2020 Jon was… Read more »
Thanks for the link, Cali. I enjoyed “Midwest Sunday” and several other Adrian Legg songs.