Australian gold in greater demand again

Gold sales of the Perth Mint rose 80 percent month-on-month. Overall, sales of gold and silver remain at a low level.The Perth Mint has published its sales figures for the month of June. The Australian Mint sold 19,449 ounces of gold last month. For comparison: U.S. Pat. In June, Mint sold only 8,000 ounces of gold in investment form. Compared to the extremely weak previous month, the Australian gold products show an increase of 80 percent. Compared to June 2018, at least 15 percent more gold was sold. Sales in the first half of the year totaled 133,700 ounces. This corresponds to a decline of almost 5 percent compared to the previous year.

Silver sales of the Perth Mint slumped to 344,474 ounces last June. Although 50 percent more silver was sold than a year ago. However, compared to the previous month, the silver sales have halved again. The 6-month figures, at 4,281,258 ounces, are exactly at the previous year’s level. The Perth Mint is a manufacturer of known investment coins made of gold and silver. These include the varieties Kangaroo, Koala and Kookaburra and numerous other coins and bars with motifs from the Australian animal kingdom.