News: Perth Mint's January silver sales hit near 4-year high, gold sales fall

  1. 115,325 Posts.
    lightbulb Created with Sketch. 1351

    Feb 3 (Reuters) - The Perth Mint's silver product sales in January rose to their highest in nearly four years, while gold sales dropped, the refiner said on Monday.

    Sales of silver coins rose 6.5% in January month-on-month, and nearly 75% from the same period last year at 1,450,317 ounces - their highest since March 2016, the mint said in a blog post.

    Meanwhile, sales of gold coins and minted bars in January dived 38.8% to 48,299 ounces month-on-month, but were up 54.9% from last year.

    Benchmark spot gold prices XAU= rose 4.8% in January, registering their biggest monthly gain since August, while silver prices gained 1.1%.

    The Perth Mint refines more than 90% of newly mined gold in Australia, the world's second-largest gold producer after China.

    			Period		 Gold (oz)	   Silver (oz) 
    	  (year-month)					 
    
    		  2020-Jan			48,299		 1,450,317 
    		  2019-Dec			78,912		 1,361,723 
    		  2019-Nov			54,261		 1,027,695 
    		  2019-Oct			32,469		 1,394,615 
    		 2019-Sept			46,837		 1,350,038 
    		  2019-Aug			21,766		 1,171,233 
    		 2019-July			21,518		   987,040 
    		 2019-June			19,449		   344,474 
    		  2019-May			10,790		   681,582 
    		2019-April			19,991		   906,219 
    		2019-March			32,757		   935,819 
    		  2019-Feb			19,524		   584,310 
    		  2019-Jan			31,189		   828,854 
    		  2018-Dec			29,186		   692,971 
    		  2018-Nov			64,308		   876,446 
    		  2018-Oct			36,840		 1,079,684 
    		 2018-Sept			62,552		 1,305,600 
    		  2018-Aug			38,904		   520,245 
    		 2018-July			29,921		   486,821 
    		 2018-June			16,847		   229,280 
    		  2018-May			14,800		   557,120 
    		2018-April			15,161		   458,655 
    		2018-March			29,883		   975,921 
    		  2018-Feb			26,473		   992,954 
    		  2018-Jan			37,174		 1,067,361 
    		  2017-Dec			27,009		   874,437 
    		  2017-Nov			23,901		   544,436 
    		  2017-Oct			44,618		   999,425 
    		 2017-Sept			46,415		   697,849 
    		  2017-Aug			23,130		   392,091 
    		 2017-July			23,675		 1,167,963 
    		 2017-June			19,259		 1,215,071 
    		  2017-May			29,679		   826,656 
    		2017-April			10,490		   468,977 
    		2017-March			22,232		   716,283 
    		  2017-Feb			25,257		   502,353 
    		  2017-Jan			72,745		 1,230,867 
    		  2016-Dec			63,420		   430,009 
    		  2016-Nov			54,747		   984,622 
    		  2016-Oct			79,048		 1,084,213 
    		 2016-Sept			58,811		 1,031,858 
    		  2016-Aug			14,684		   376,461 
    		 2016-July			16,870		   693,447 
    		 2016-June			31,368		 1,220,817 
    		  2016-May			21,035		   974,865 
    		2016-April			47,542		 1,161,766 
    		2016-March			47,948		 1,756,238 
    		  2016-Feb			37,063		 1,049,062 
    		  2016-Jan			47,759		 1,473,408                    
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.