Perth Mint Gold and Silver Bullion Sales Slow for November 2017

Australian bullion sales in November sank from their quickened pace in October and from a year earlier, according to figures published Dec. 4 by The Perth Mint of Australia.

Perth Mint Gold and Silver Bullion Sales Slow in November

Perth Mint Gold and Silver Bullion Sales Slow in November

The sales registered against a backdrop of mixed precious metals in November with LBMA prices rising 0.8% for gold and falling 1.5% for silver.

U.S. Mint sales of its core bullion products also declined sharply last month and from a year ago.

Bullion Sales in November 2017

The Perth Mint sold 23,901 ounces in gold coins and gold bars last month, marking drops of 46.4% from October and 56.3% from November 2016.

Year to date gold sales at 338,401 ounces are 25.9% lower than the 456,875 ounces sold during the same eleven months of 2016.

November sales of silver bullion totaled 544,436 ounces, the lowest amount since August after reaching a three-month high in October. In percentages, the tally is 45.5% lower than the previous month and 44.7% lower than November of last year.

Year to date silver sales at 8,761,971 ounces are 25.8% lower than the 11,806,757 ounces sold through the same months in 2016.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from November 2016 to November 2017. 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
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
March 2017 716,283 22,232
February 2017 502,353 25,257
January 2017 1,230,867 72,745
December 2016 430,009 63,420
November 2016 984,622 54,747

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2017 Swan Silver Bullion Coin

2017 Swan Silver Bullion Coin from the Perth Mint


This 1oz silver bullion coin features a brand new silver swan design. This is the first time The Perth Mint has featured this design showcasing one of the world’s most distinct and unique species.

2017 Swan Silver Bullion Coin from the Perth Mint

Struck from 99.99% pure silver, the coin’s literal design visualises the graceful bird in its wetland habitat. In classic profile, the portrayal displays the swans long neck, which enables it to forage for food on the river bed, with broad wings that span up to two metres tucked together on its back.

Limited to just 25,000 coins, the 2017 Perth Mint Silver Swan 1oz Bullion Coin portrays the graceful icon of Western Australia.

Each Swan bullion coin is presented in protective acrylic capsules.


Precious Metal Content (Troy oz) 1.000
Fineness (% purity) 99.99
Minimum Gross Weight (g) 31.107
Monetary Denomination (AUD) 1.00
Maximum Diameter (mm) 40.600
Standard Thickness (mm) 4.000