Perth Mint Gold and Silver Sales Steady

July 7, 2014 By Michael Zielinski Leave a Comment

The Perth Mint of Australia has released their monthly figures indicating the amount of gold and silver sold as coins and minted products. The latest monthly sales totals were mixed compared to the prior month, with silver seeing a slight loss and gold seeing a slight gain.

In June, sales of silver as coins and minted bars reached 586,358 troy ounces. This compared to sales of 630,349 ounces in the prior month and 588,630 ounces in the year ago period. A significant contributor to sales likely continues to be the Australian Saltwater Crocodile 1 oz Silver Bullion Coins. Following the launch of the coins in mid-May, the Perth Mint had announced the commitment of orders for the full mintage of one million coins in less than three weeks.

Year to date silver sales have now reached 3,428,336 ounces. This amount is down roughly 9.4% compared to the year ago period when sales had reached 3,783,593 ounces

Monthly Perth Mint Bullion Sales in Troy Ounces
	Gold	Silver
January 2014	64,818	912,388
February 2014	47,003	392,088
March 2014	30,177	545,165
April 2014	23,461	361,988
May 2014	36,127	630,349
June 2014	39,405	586,358
Total	240,991	3,428,336

Sales of gold as coins and minted bars reached 39,405 for the month of June 2013. This was up from the sales of 36,127 in the prior month, but down from the sales of 47,047 ounces in the year ago period.

For the year to date, gold sales have reached 240,991 ounces. This is down a significant 40.6% compared to the year ago period when sales had reached 405,625 ounces.

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