Demand for Australian bullion products increased in January from December but fell from their levels of a year ago, according Perth Mint figures published February 4, 2019.
The monthly gains were supported by surging precious metals with LBMA prices in January scoring increases of 3.3% for gold and 3.9% for silver.
Bullion Sales in January 2019
The Perth Mint’s sales of gold coins and gold bars combined last month to 31,189 ounces, rising 6.9% from December but sliding 16.1% from the same month a year earlier.
January sales of of the Mint’s silver coins and silver bars reached 828,854 ounces, climbing 19.6% from the previous month but dropping 22.4% from January 2018.
Perth Mint Gold and Silver Sales by Month
Below is a monthly summary of Perth Mint bullion sales from January 2018 to January 2019. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.
| Perth Mint Bullion Sales (in troy ounces) | ||
|---|---|---|
| Silver | Gold | |
| January 2019 | 828,854 | 31,189 |
| December 2018 | 692,971 | 29,186 |
| November 2018 | 876,446 | 64,308 |
| October 2018 | 1,079,684 | 36,840 |
| September 2018 | 1,305,600 | 62,552 |
| August 2018 | 520,245 | 38,904 |
| July 2018 | 486,821 | 29,921 |
| June 2018 | 229,280 | 16,847 |
| May 2018 | 557,120 | 14,800 |
| April 2018 | 458,655 | 15,161 |
| March 2018 | 975,921 | 29,883 |
| February 2018 | 992,954 | 26,473 |
| January 2018 | 1,067,361 | 37,174 |
