Tuesday, February 22, 2022

Perth Mint January Silver Bullion Gross sales Rank Second All-Time

Australian bullion gross sales in January jumped from a month earlier, based on the newest figures from The Perth Mint…

By Staff , in Silver , at February 22, 2022

Australian bullion gross sales in January jumped from a month earlier, based on the newest figures from The Perth Mint of Australia. Noteworthy, the Mint’s silver gross sales soared to the second highest month-to-month degree on report.

2022 Australian Lunar Tiger 1oz Silver Bullion Coins - Obverse and Reverse
A CoinNews photograph exhibiting a pair of 2022 Australian Lunar Tiger 1oz Silver Bullion Cash – (Proven: obverse and reverse sides)

The Mint’s bullion beneficial properties have been set in opposition to falling valuable metals with LBMA costs in January down 1.4% for gold and off 2.6% for silver.

Silver Bullion Gross sales in January 2022

January Perth Mint gross sales of minted silver cash and silver bars totaled 2,387,165 ounces, scoring beneficial properties of 37.7% from December and 105.3% from January 2021.

“This January we launched our 2022 Australian Koala silver bullion coin collection and likewise took first orders for our 1 kilo Lunar Tiger cash,” mentioned Basic Supervisor Minted Merchandise, Neil Vance.

“Each releases are globally fashionable and contributed closely to an particularly pleasing month, which additionally mirrored a build-up of demand throughout the Christmas and New 12 months interval on the finish of 2021.”

The Mint’s solely higher month for silver gross sales was September 2015 at 3,349,557 ounces. Now rating third and fourth highest are April 2020 at 2,123,121 ounces and February 2021 at 1,830,707 ounces.

Gold Bullion Gross sales in January 2022

In the meantime, Perth Mint gross sales of minted gold cash and gold bars reached 66,709 ounces in January, rising 21.6% from December however falling 12.3% from January 2021.

For some historic perspective and testifying to a powerful 2021 and up to date gross sales, the Mint’s high three months for gold bullion are March 2021 at 130,730 ounces, February 2021 at 124,104 ounces, and April 2020 at 120,504 ounces.

Perth Mint Gold and Silver Gross sales by Month

Beneath is a month-to-month abstract of Perth Mint bullion gross sales from January 2021 to January 2022. The figures present month-to-month ounces of gold and silver shipped as minted merchandise by The Perth Mint to wholesale and retail prospects worldwide. It excludes gross sales of solid bars and different Group actions together with gross sales of allotted/unallocated valuable steel for storage by the Depository.

Perth Mint Bullion Gross sales (in troy ounces)
  Silver Gold
January 2022 2,387,165 66,709
December 2021 1,733,293 54,861
November 2021 1,530,598 115,872
October 2021 1,352,275 59,750
September 2021 1,789,926 98,753
August 2021 1,467,229 53,976
July 2021 1,302,723 70,658
June 2021 1,823,029 72,910
Could 2021 1,700,807 91,146
April 2021 1,798,210 101,379
March 2021* 1,600,000 130,730
February 2021 1,830,707 124,104
January 2021 1,162,884 76,103

*Perth Mint revealed approximated gross sales knowledge for March. Particularly, the Mint acknowledged that in March it shipped “greater than 130,000 troy ounces of gold and virtually 1.6 million troy ounces of silver.” Later knowledge positioned March 2021 gold gross sales at 130,730 ounces.

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