The Perth Mint closed 2025 with mixed results for its Australian bullion sales. December totals declined for both gold and silver, while full-year figures showed gold finishing higher than 2024 and silver ending the year lower.
The Mint’s performance played out against soaring precious metal prices. In December, LBMA prices (USD) advanced 2.8% for gold and 33.5% for silver. Over the course of the year, gold prices jumped 65%, while silver rallied 149.1%.
Perth Mint Silver Bullion Sales — December and Full-Year 2025
Silver bullion sales eased for a second straight month, totaling 597,873 ounces in December, down 31.7% from November and 43.5% below year-earlier levels.
"December is traditionally a quieter period for precious metals as customers turn their attention to the holiday and festive season," said Neil Vance, The Perth Mint’s General Manager of Minted Products.
"We saw particularly strong demand for our silver 1oz kangaroo coins and our 1oz silver minted bars, including both kangaroo and lunar designs, reflecting continued investor appetite for trusted, quality products."
As for 2025, silver bullion sales totaled 7,285,537 ounces. Annual comparisons show sales were:
- 25.8% lower than 9,813,384 ounces in 2024
- 51.1% lower than 14,896,564 ounces in 2023
- 68.6% lower than 23,176,142 ounces in 2022
- 61.8% lower than 19,091,681 ounces in 2021
- 55.7% lower than 16,452,490 ounces in 2020
- 37.1% lower than 11,573,602 ounces in 2019
- 21.2% lower than 9,243,058 ounces in 2018
- 24.4% lower than 9,636,408 ounces in 2017
- 40.5% lower than 12,236,766 ounces in 2016
- 37.2% lower than 11,595,504 ounces in 2015
- 3.7% lower than 7,567,467 ounces in 2014
- 15.8% lower than 8,647,862 ounces in 2013
Perth Mint Gold Bullion Sales — December and Full-Year 2025
The Perth Mint reported gold bullion sales of 35,885 ounces in December, down 46.2% from November but 13.1% higher than December 2024.
"In gold, minted bars performed strongly, reinforcing their ongoing appeal as a core investment choice during periods of market volatility," Vance said.
For the full year, gold bullion sales totaled 465,856 ounces. Annual comparisons show sales were:
- 19% higher than 391,606 ounces in 2024
- 30% lower than 665,889 ounces in 2023
- 58.3% lower than 1,116,969 ounces in 2022
- 55.6% lower than 1,050,242 ounces in 2021
- 40.2% lower than 778,797 ounces in 2020
- 19.6% higher than 389,463 ounces in 2019
- 15.9% higher than 402,049 ounces in 2018
- 27.5% higher than 365,410 ounces in 2017
- 10.5% lower than 520,295 ounces in 2016
- 2.2% higher than 455,630 ounces in 2015
- 9.8% lower than 516,709 ounces in 2014
- 38.3% lower than 754,636 ounces in 2013
Perth Mint Gold and Silver Sales by Month through December 2025
Below is a monthly summary of Perth Mint bullion sales from January 2022 to December 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 | |
| December 2025 | 597,873 | 35,885 |
| November 2025 | 875,487 | 66,710 |
| October 2025 | 1,061,231 | 85,603 |
| September 2025 | 578,588 | 36,595 |
| August 2025 | 424,949 | 30,125 |
| July 2025 | 452,132 | 21,891 |
| June 2025 | 464,197 | 32,901 |
| May 2025 | 496,707 | 28,244 |
| April 2025 | 723,641 | 43,714 |
| 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 |
2025 Bullion Coins Released in December
In November, The Perth Mint reported that the following bullion coins were released:
- Australian Lunar Series III 2026 Year of the Horse 1oz Silver Bullion Coin with Dragon Privy
- Australian Lunar Series III 2026 Year of the Horse 1oz Gold Bullion Coin with Dragon Privy
- Lunar Horse 2026 1oz Silver Rectangular Individual Bullion Coin
- Lunar Horse 2026 1oz Silver Rectangular Bullion Coin in Tube
- Lunar Horse 1oz Gold Minted Bar
In November, the Mint reported no new bullion coin releases.
In October, as reported by the Mint, the following bullion coins were released:
- Australian Kangaroo 2026 Bullion Coin Series
In September, as reported by the Mint, the following bullion coins were released:
- Australian Lunar Series III 2026 Year of the Horse 10oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 2oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/2oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/4oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/10oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/20oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1 kilo Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 5oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 2oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/2oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Platinum Bullion Coin
In August, as reported by the Mint, the following bullion coins were released:
- Australian Brumby 2025 1oz Silver Bullion Coin
In July, as reported by the Mint, the following bullion coins were released:
- Australian Lunar Series III 2025 Year of the Snake 10 kilo Silver Bullion Coin
In June, as reported by the Mint, the following bullion coins were released:
- 2025 Dragon 1oz Gold Bullion Rectangular Coin
- 2025 Dragon 1oz Silver Bullion Rectangular Coin
In May, as reported by the Mint, the following bullion coins were released:
- 225th Anniversary of Australian Proclamation Coins – Pillar Dollar 2025 1oz Gold Bullion Coin
- 225th Anniversary of Australian Proclamation Coins – Pillar Dollar 2025 1oz Silver Bullion Coin
- Australian Emu 2025 1oz Gold Bullion Coin
- Australian Emu 2025 1oz Silver Bullion Coin
- 2025 Chinese Myths and Legends Double Phoenix 1oz Silver Bullion Coin
- Australian Kookaburra 2025 1/10oz Gold Bullion
- Australian Kookaburra 2025 1/10oz Platinum Bullion
In April, as reported by the Mint, the following bullion coins were released:
- Australian Swan 2025 1oz Silver Bullion Coin
- Australian Swan 2025 1oz Gold Bullion Coin
In March, as reported by the 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
