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Gold Sales: Rising Along With Silver at Perth Mint

Posted On April 3, 2018 9:55 am

Gold Sales: Rising Along With Silver at Perth Mint

Here at The Gold Enthusiast, we like numbers. So while it’s short, we loved the Perth Mint releasing their monthly figures for both silver and gold sales, going back two years.  

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.

 Related: World Gold Demand is Shifting – Here’s What You Should Know.

Originally posted at Mike Hammer – The Gold Enthusiast

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