January brought sharply higher silver demand at the Perth Mint, producing its strongest monthly silver total in more than two and a half years, while gold sales declined from December but remained well ahead of year-earlier levels.
The Mint’s performance unfolded against soaring precious metal prices. Based on LBMA data in U.S. dollars, gold rose 15.6%, or $673.90, to $4,981.85 per ounce in January, while silver climbed 43.3%, or $31.20, to $103.19.
Perth Mint Bullion Sales in January 2026
Silver coin and bar sales for the month totaled 1,722,639 ounces — the most for any month since May 2023 — marking increases of 188.1% from December and 315.1% from January 2025.
"With the sustained interest in silver bullion, we have focused our production efforts on our core products to ensure we meet our customers’ expectations," stated Neil Vance, The Perth Mint’s General Manager Minted Products. "The focus of demand has been on silver kangaroo coins and silver kilobars, while the silver kookaburra coin was launched in January to strong sales."
The Perth Mint reported gold coin and bar sales of 29,103 ounces in January, down 18.9% from December but 56.9% higher than in January 2025.
Perth Mint Gold and Silver Sales by Month through January 2026
Below is a monthly summary of Perth Mint bullion sales from January 2022 to January 2026. 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 | |
| January 2026 | 1,722,639 | 29,103 |
| 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 |
Bullion Coins Released in January
In January, The Perth Mint reported that the following bullion coins were released:
- Australian Kookaburra 2026 1 Kilo Silver Bullion Coin
- Australian Kookaburra 2026 10oz Silver Bullion Coin
- Australian Kookaburra 2026 1oz Silver Bullion Coin
In November, the 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 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
