Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Perth Mint's gold sales rise in July, silver sales dip

(Reuters) - The Perth Mint's sales of gold products rose 23 percent in July, while silver sales declined for the first time in three months, the mint said in a blog post on its website on Wednesday.

Sales of gold coins and minted bars increased to 23,675 ounces in July from 19,259 ounces a month ago, the mint said.

Silver sales during the month slipped about 4 percent to 1,167,963 ounces, compared with 1,215,071 ounces in June, according to the blog post.

The Perth Mint refines more than 90 percent of newly mined gold in Australia, the world's No. 2 gold producer after China.

Gold prices <XAU=> fell on Thursday as the dollar inched up from multi-month lows and as signs the U.S. economy was strengthening turned investor focus to riskier assets.

Period Gold (oz) Silver (oz)

Jul-17 23,675 1,167,963

Jun-17 19,259 1,215,071

May-17 29,679 826,656

Apr-17 10,490 468,977

Mar-17 22,232 716,283

Feb-17 25,257 502,353

Jan-17 72,745 1,230,867

Dec-16 63,420 430,009

Nov-16 54,747 984,622

Oct-16 79,048 1,084,213

Sept-16 58,811 1,031,858

Aug-16 14,684 376,461

Jul-16 16,870 693,447

Jun-16 31,368 1,220,817

May-16 21,035 974,865

Apr-16 47,542 1,161,766

Mar-16 47,948 1,756,238

Feb-16 37,063 1,049,062

Jan-16 47,759 1,473,408

Dec-15 40,096 1,083,460

Nov-15 31,664 1,145,239

Oct-15 66,951 1,751,898

Sep-15 63,791 3,349,557

Aug-15 33,390 707,656

Jul-15 51,088 746,700

(Reporting by Koustav Samanta in Bengaluru; Editing by Tom Hogue)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.