July 2, 2014 / 3:46 AM / 3 years ago

Perth Mint's gold sales climb to 4-month high in June

3 Min Read

SINGAPORE, July 2 (Reuters) - The Perth Mint's sales of gold
coins and bars climbed to a four-month high in June, as rising
tensions in Iraq and Ukraine increased the safe-haven appeal of
the precious metal. 
    June sales, however, were lower than a year ago when a sharp
drop in prices prompted a rush to buy bullion.  
    The Perth Mint runs the only gold refinery in Australia, the
world's second-biggest gold producer after China.
    Sales of gold coins and minted bars rose to 39,405 ounces in
June from 36,127 ounces in May, data available on the mint's
website showed. June sales in 2013 totalled 47,692.02 ounces. 
    Silver sales fell 7 percent on a month-on-month basis to
586,358 ounces in June. 
    Data from the U.S. Mint earlier this week showed that sales
of American Eagle gold coins rose to a five-month high in June.
 
        
 Period      Gold          Silver 
     Jun-14        39,405        586,358
     May-14        36,127        630,349
     Apr-14        23,461        361,988
     Mar-14        30,177        545,165
     Feb-14        47,003        392,088
     Jan-14        64,818        912,388
     Dec-13     58,943.61     845,940.53
     Nov-13     52,700.23     807,246.05
     Oct-13     77,255.18     821,579.77
     Sep-13     68,488.06     961,977.07
     Aug-13     30,430.10     691,258.63
     Jul-13     56,488.25     697,247.39
     Jun-13     47,692.02     593,534.52
     May-13     88,637.82     596,458.40
     Apr-13    112,575.40   1,113,461.36
     Mar-13     50,356.16     408,178.52
     Feb-13     44,399.48     431,237.41
     Jan-13     66,669.66     676,742.40
     Dec-12     51,777.57     452,390.35
     Nov-12     49,004.09     623,345.46
     Oct-12     54,779.00     465,033.74
     Sep-12     82,066.89   1,259,702.59
     Aug-12     37,196.86     338,945.22
     Jul-12     34,588.36     459,270.48
 
    Source: The Perth Mint 
    Note: Sales figures in ounces. Gold sales include coins and
minted bars. Silver figures include only coins as the mint does
not issue silver minted bars.

 (Reporting by A. Ananthalakshmi; Editing by Himani Sarkar)

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