Perth Mint Gold and Silver Bullion Sales Soar in December; Solid to Exceptional in 2019

Australian bullion sales surged in December, the latest figures from The Perth Mint of Australia show, capping an exceptional year for the Mint’s silver coins and bars and a solid year for its gold coins and bars.

In December, the Mint’s silver sales were the fourth strongest for a month since CoinNews started tracking the Mint’s data in February 2013. Using the same criteria, the Mint’s gold sales were the third best on record.

The Perth Mint’s silver sales at 1,361,723 ounces in December, the second strongest month in 2019, jumped 32.5% from November and soared 96.5% from December 2018. Their strongest month last year (and third highest overall) happened in October at 1,394,615 ounces.

Annual 2019 silver sales at 11,573,602 ounces rallied 25.2% from the 9,243,058 ounces sold in 2018. The annual level was the highest for The Perth Mint since 2016 when their silver sales registered at 12,236,766 ounces.

The Mint’s gold sales at 78,912 ounces in December, the most for a month since October 2016, climbed 45.4% from November and surged 170.4% from December 2018.

Annual 2019 gold sales reached 389,463 ounces, dipping 3.1% from the 402,049 sold in 2018.

Perth Mint Gold and Silver Sales by Month

Below is a monthly summary of Perth Mint bullion sales from December 2018 to December 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.