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

Source Article: http://www.coinnews.net

Perth Mint Bullion Sales Soar in First Half of 2016

Demand for Australian bullion coins bounced in June after a slowing in May, and soared through the first half of this year, according to the latest figures from the Perth Mint of Australia.

2016-Perth-Mint-10-Kg-Lunar-Monkey-Silver-Coin

The Mint’s silver coins scored above the million ounce level for the ninth time in ten months and its gold sales rebounded from an at least 3-year low.

Perth Mint bullion sales registered against a backdrop of soaring precious metals with London fixings in June logging advances of 9% for gold and 14.3% for silver.

Bullion Sales in June 2016

The Perth Mint sold 31,368 ounces in gold coins and gold bars last month for a 49.1% increase over May when sales ranked the weakest since CoinNews started tracking the Mint’s data in February 2013. Sales climbed a more modest 1.1% above the same month from a year earlier.

“Stronger investor sentiment in June resulting from the UK’s Brexit vote helped reverse the decline in sales of Australia coins and bars evident over the past two months,” the Perth Mint said.

Gold sales through the first half of 2016 tally to 232,715 ounces, up 38% from last year’s starting six-month total of 168,650 ounces..

Perth Mint sales of silver bullion jumped by 1,220,817 ounces last month, notching gains of 25.2% from the previous month and 217.4% from June 2015.

Silver sales through the first half of the year total 7,636,156 ounces, smashing last year’s January to June total of 2,810,994 ounces by 171.7%.

Perth Mint Gold and Silver Sales by Month

Below is a monthly breakdown of Perth Mint bullion sales from June 2015 to June 2016. The figures show monthly ounces of gold and silver shipped by the Minted Products division of 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)
June 2016 1,220,817 31,368
May 2016 974,865 21,035
April 2016 1,161,766 47,542
March 2016 1,756,238 47,948
February 2016 1,049,062 37,063
January 2016 1,473,408 47,759
December 2015 1,083,460 40,096
November 2015 1,145,239 31,664
October 2015 1,751,898 66,951
September 2015 3,349,557 63,791
August 2015 707,656 33,390
July 2015 746,700 51,088
June 2015 384,586 31,019

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