(Reuters) - The Perth Mint's sales of gold and silver products fell in February for the first time in three months, the mint said in a blog post on its website on Thursday.
Sales of gold coins and minted bars declined 29 percent to 26,473 ounces in February from 37,174 ounces a month ago, the mint said.
Silver sales in February were down 7 percent month-on-month to 992,954 ounces. Sales, however, nearly doubled in February compared with the same month last year.
The Perth Mint refines more than 90 percent of the newly mined gold in Australia, the world's second-largest gold producer after China.
Spot gold prices <XAU=> fell about 2 percent in February to post its biggest monthly decline since September last year. [GOL/]
Period Gold (oz) Silver (oz)
(year-month)
2018-Feb 26,473 992,954
2018-Jan 37,174 1,067,361
2017-Dec 27,009 874,437
2017-Nov 23,901 544,436
2017-Oct 44,618 999,425
2017-Sept 46,415 697,849
2017-Aug 23,130 392,091
2017-July 23,675 1,167,963
2017-June 19,259 1,215,071
2017-May 29,679 826,656
2017-April 10,490 468,977
2017-March 22,232 716,283
2017-Feb 25,257 502,353
2017-Jan 72,745 1,230,867
2016-Dec 63,420 430,009
2016-Nov 54,747 984,622
2016-Oct 79,048 1,084,213
2016-Sept 58,811 1,031,858
2016-Aug 14,684 376,461
2016-July 16,870 693,447
2016-June 31,368 1,220,817
2016-May 21,035 974,865
2016-April 47,542 1,161,766
2016-March 47,948 1,756,238
2016-Feb 37,063 1,049,062
2016-Jan 47,759 1,473,408
(Reporting by Swati Verma in Bengaluru; Editing by Christian Schmollinger)
