Perth Mint Bullion Sales Score Milestone Highs in April 2020

A CoinNews picture of a 2020 Australian Kangaroo 1oz Silver Bullion Coin (obverse).

Australian bullion gross sales surged to milestone ranges in April, the most recent figures from The Perth Mint of Australia present. In comparison in opposition to previous months since CoinNews began monitoring the information in February 2013, the Mint’s gold gross sales are in first place and its silver gross sales are in second.

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The positive aspects occurred in opposition to a backdrop of hovering valuable metals with LBMA costs in April leaping 5.8% for gold and rallying 10.1% for silver.

Bullion Gross sales in April 2020

Perth Mint gross sales of gold cash and gold bars hit 120,504 ounces final month, scoring positive aspects of 28.5% from March and 502.8% from April 2019. Gold gross sales in March at 93,775 ounces slipped to 3rd highest for a month, with April 2013 gross sales of 112,575 ounces dropping from first to second place.

Yr-to-date gold gross sales at 285,499 ounces register 176% larger than the 103,461 ounces bought within the first 4 months of 2019.

April gross sales of the Mint’s silver cash and silver bars at 2,123,121 ounces marked positive aspects of 22.3% from March and 134.3% from April of final yr. The one higher month for the Mint’s silver gross sales was September 2015 at 3,349,557 ounces. Now following April 2020 gross sales are March 2016 at 1,756,238 ounces and March 2020 at 1,736,409 ounces.

For the yr up to now, silver gross sales at 5,915,472 ounces are 81.7%% larger than the three,255,202 ounces bought throughout the identical time final yr.

Perth Mint Gold and Silver Gross sales by Month

Under is a month-to-month abstract of Perth Mint bullion gross sales from April 2019 to April 2020. The figures present month-to-month ounces of gold and silver shipped as minted merchandise by The Perth Mint to wholesale and retail clients worldwide. It excludes gross sales of forged bars and different Group actions together with gross sales of allotted/unallocated valuable metallic for storage by the Depository.