Perth Mint's December gold sales hit 3-year peak

Credit: REUTERS/BRENDAN MCDERMID

The Perth Mint's gold product sales in December rose 45% from the previous month and to their highest in more than three years, the refiner said on Wednesday.

Jan 8 (Reuters) - The Perth Mint's gold product sales in December rose 45% from the previous month and to their highest in more than three years, the refiner said on Wednesday.

Sales of gold coins and minted bars in December climbed to 78,912 ounces - their highest since October 2016, and surged about 170% from the same month last year, the mint said in a blog post.

Meanwhile, silver sales in December were at 1,361,723 ounces, rising 32.5% from November and about 97% from a year ago.

Benchmark spot gold prices XAU= rose 3.6% in December, registering its biggest monthly gain since August, while silver prices gained 4.8%. GOL/

The Perth Mint refines more than 90% of newly mined gold in Australia, the world's second-largest gold producer after China.

Period

(year-month)

Gold (oz)

Silver (oz)

2019-Dec

78,912

1,361,723

2019-Nov

54,261

1,027,695

2019-Oct

32,469

1,394,615

2019-Sept

46,837

1,350,038

2019-Aug

21,766

1,171,233

2019-July

21,518

987,040

2019-June

19,449

344,474

2019-May

10,790

681,582

2019-April

19,991

906,219

2019-March

32,757

935,819

2019-Feb

19,524

584,310

2019-Jan

31,189

828,854

2018-Dec

29,186

692,971

2018-Nov

64,308

876,446

2018-Oct

36,840

1,079,684

2018-Sept

62,552

1,305,600

2018-Aug

38,904

520,245

2018-July

29,921

486,821

2018-June

16,847

229,280

2018-May

14,800

557,120

2018-April

15,161

458,655

2018-March

29,883

975,921

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 Sumita Layek in Bengaluru; Editing by Rashmi Aich)

((Sumita.Layek@thomsonreuters.com; Within U.S. +1 646 223 8780, Outside U.S. +91 8067491638; Reuters Messaging: Sumita.Layek.thomsonreuters.com@reuters.net))

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