March 1, 2018 / 10:12 AM / 7 months ago

Perth Mint's gold, silver sales fall for first time in three months in Feb

    March 1 (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 fell about 2 percent in February to
post its biggest monthly decline since September last year.

    
            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)
  
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