Perth Mint's September gold, silver sales jump on price retreat

  • 10/05/2021
  • Source: Nasdaq
  • by: Seher Dareen
Perth Mint's September gold, silver sales jump on price retreat
Oct 5 (Reuters) - The Perth Mint's sales of gold products in September jumped about 83% to their highest level since April, while silver sales rose nearly 23%, tracking a dip in prices, the refiner said on Tuesday.

Sales of gold coins and minted bars in September rose to 98,753 ounces from 53,976 ounces in August, up 57.6% from a year earlier.

Meanwhile, sales of silver products increased to 1,789,926 ounces from 1,467,229 ounces in August, its highest since June. They were up 6.7% from the same month in 2020.

Higher demand for Australian bullion coins reflected the price dips in both gold and silver during September, the mint's general manager of minted products, Neil Vance, said in a blog post.

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