Perth Mint Gold and Silver Bullion Sales Rally in May


Sales of Australian bullion gold and silver advanced last month but were mixed compared to a year ago, new figures from the Perth Mint of Australia show. The increases came even as London bullion fixings marked May losses of 2.9% for gold and 1.5% for silver.

May sales of the Perth’s Australian gold coins and gold bars tallied to 36,127 ounces, which is up 54% from April but down 59.2% from May 2013. Sales of the Perth’s Australian silver coins and silver bars jumped to 630,349 ounces, surging 74.1% from the previous month and gaining 5.7% from a year ago. Conversely, demand in April for Perth Mint gold and silver bullion products dropped sharply from the previous month and from April 2013.


Sorry, you must be logged in to post a comment.