Demand For Gold Coins and Bars At Perth Mint Surge To 3 Year High

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Published : January 14th, 2020
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Silver sales rose 32.5% from November and surged 97% from a year ago
Source: Perth Mint of Western Australia

by Reuters via Nasdaq.com

The Perth Mint’s gold product sales in December rose 45% from the previous month and to their highest in more than three years, the refiner said.

Sales of gold coins and minted bars in December climbed to 78,912 ounces – their highest since October 2016, and surged about 170% from the same month last year, the mint said in a blog post.

Meanwhile, silver sales in December were at 1,361,723 ounces, rising 32.5% from November and about 97% from a year ago.

Benchmark spot gold prices XAU= rose 3.6% in December, registering its biggest monthly gain since August, while silver prices gained 4.8%. GOL/

The Perth Mint refines more than 90% of newly mined gold in Australia, the world’s second-largest gold producer after China.

by Reuters via Nasdaq.com



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GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
13-Jan-20 1550.35 1549.90, 1194.54 1192.96 & 1394.85 1393.52
10-Jan-20 1548.80 1553.60, 1185.45 1189.28 & 1395.78 1399.64
09-Jan-20 1547.85 1550.75, 1186.89 1188.49 & 1393.99 1396.14
08-Jan-20 1582.85 1571.95, 1206.13 1197.35 & 1421.87 1412.87
07-Jan-20 1566.50 1567.85, 1190.85 1197.05 & 1402.80 1406.52
06-Jan-20 1576.85 1573.10, 1198.09 1197.29 & 1408.44 1406.51
03-Jan-20 1547.40 1548.75, 1182.37 1184.48 & 1389.57 1387.99
02-Jan-20 1520.55 1527.10, 1151.36 1161.51 & 1358.46 1366.91
31-Dec-19 1523.00,                1157.78 & 1358.06

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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