Sales of Australian bullion products eased in April compared to the previous month but surged over the levels logged a year earlier, figures from the Perth Mint show.
The month-over-month pull-back happened following a strong March in which the Mint’s gold and silver products notched multi-month sales highs.
Perth Mint gold coins and gold bars climbed 26,545 ounces last month, falling 22.5% from the 34,260 ounces sold in March yet jumping 13.5% from the 23,461 ounces moved in April 2014. Gold sales in the January to April period tally to 115,960 ounces, off a sharp 29.9% from last year’s starting four-month total of 165,459 ounces.
Perth Mint sales of silver coins at 472,273 ounces in April tumbled 26% from the prior month’s total of 638,557 ounces but they marked a 30.5% increase from 361,988 ounces sold in April of last year. As for the year-to-date, the Mint’s silver sales combine to 2,088,897 ounces for a more modest decline of 5.6% from the same four-month period in 2014 when 2,211,629 ounces moved.
Perth Mint Gold and Silver Sales by Month
Below is a monthly breakdown of Perth Mint bullion sales from April 2014 to April 2015.
| Perth Mint Bullion Sales (in troy ounces) | ||
|---|---|---|
| Silver | Gold | |
| April 2015 | 472,273 | 26,545 |
| March 2015 | 638,557 | 34,260 |
| February 2015 | 392,114 | 31,981 |
| January 2015 | 585,953 | 23,174 |
| December 2014 | 477,731 | 40,211 |
| November 2014 | 851,836 | 49,904 |
| October 2014 | 655,881 | 55,350 |
| September 2014 | 756,839 | 68,781 |
| August 2014 | 818,856 | 36,369 |
| July 2014 | 577,988 | 25,103 |
| June 2014 | 586,358 | 39,405 |
| May 2014 | 630,349 | 36,127 |
| April 2014 | 361,988 | 23,461 |
