Perth Mint Gold and Silver Bullion Sales Dip in February

The Perth Mint has provided the latest monthly figures indicating the amount of gold and silver sold as coins and minted products. For February 2013, sales for each metal dipped to their lowest monthly level since August.

Year over year comparisons are not yet available since the Perth Mint only began publicly reporting sales levels in March 2012. Starting next month, such comparisons will be possible.

Sales of gold as coins and minted products reached 44,048.62 troy ounces. This represented a decline of 32.9% from the previous month, which had experienced a boost in sales for the start of the new year.

Sales of silver as coins and minted products reached 426,319.29 troy ounces. This was a decline of 36.4% from the previous month.
Perth Mint Bullion Sales in Troy Ounces

Gold     Silver
March 2012     35,957.28     590,636.15
April 2012     17,575.64     207,109.91
May 2012     30,387.88     437,759.34
June 2012     44,619.05     523,663.46
July 2012     34,026.23     452,692.79
August 2012     37,196.86     338,945.22
Sept 2012     81,095.13     1,251,580.06
Oct 2012     54,242.76     457,700.76
Nov 2012     47,850.77     620,238.26
Dec 2012     49,581.81     449,529.58
Jan 2013     65,683.71     670,544.36
Feb 2013     44,048.62     426,319.29
Total     542,265.74     6,426,719.18

With the latest figures, a full 12 months of reporting is now available. During the one-year period from March 2012 to February 2013, the Perth Mint recorded total sales of 542,265.74 troy ounces of gold and 6,426,719.18 troy ounces of silver.

During the same period, the United States Mint had sold 947,000 troy ounces of gold and 37,843,000 troy ounces of silver.

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