Demand for Australian bullion coins surged in June, the latest Perth Mint figures show. Gold sales scored their highest level since March and silver sales moved the quickest since April. Bullion sales did retreat from a year earlier, however.
Perth Mint sales of gold coins and gold bars advanced 31,019 ounces last month, rallying 43.1% from the 21,671 ounces sold in May but down 21.3% from the 39,405 ounces delivered in June 2014. Gold sales through the first half of the year tally to 168,650 ounces, off 30% from last year’s starting six-month total of 240,991 ounces.
Perth Mint silver coins at 384,586 ounces in June jumped 13.9% from the prior month’s 337,511 ounces yet slipped 34.4% from sales of 586,358 ounces in June of last year. For the first half of 2015, silver sales combine to 2,810,994 ounces for a drop of 18% from the same six-month start in 2014 when sales reached 3,428,336 ounces.
Perth Mint Gold and Silver Sales by Month
Below is a monthly breakdown of Perth Mint bullion sales from June 2014 to June 2015.
Perth Mint Bullion Sales (in troy ounces) | ||
---|---|---|
Silver | Gold | |
June 2015 | 384,586 | 31,019 |
May 2015 | 337,511 | 21,671 |
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 |
United States Mint Bullion Sales in June
U.S. Mint bullion sales in June soared over the prior month and the year ago levels. The agency’s core American Gold Eagles at 76,000 ounces leapt 253.5% higher than May sales and jumped 56.7% higher than sales in June 2014. Its flagship American Silver Eagles at 4,840,000 ounces in June surged 139.2% from the prior month and rallied 79.8% from a year ago.