By: Mike Hammer
The figures clearly show how variable sales are, with precious little on offer for those wanting to see clear trends. Take the month of March in the past three years. In 2018, gold sales at the Perth Mint were 29,883 oz. In 2017 the figure was 22,232. In 2016, it was a whopping 47,948.
All we can really say that could help us today is that gold sales these past two months have been up compared to the same months last year. Silver sales for the past two months are up even more compared to last year. Silver hasn’t done as well as gold price-wise the past few months, leading some to speculate that we could see a rebound in silver prices soon.
The Gold Enthusiast doesn’t like to go on the record with silver predictions, having been caught out by silver more than once in the past. You can see the sales figure chart from the Perth Mint at today’s featured article here.