Perth Mint silver sales hit 2nd place in all-time monthly rankings

AUSTRALIA  (Feb 22)  Perth Mint silver bullion sales rank second all-time in January. The Mint’s silver sales soared to the second-highest monthly level on record. January Perth Mint sales of minted silver coins and silver bars totaled 2,387,165 ounces, scoring gains of 37.7% from December and 105.3% from January 2021. The Mint’s only better month for silver sales was September 2015 at 3,349,557 ounces. Now ranking third and fourth highest are April 2020 at 2,123,121 ounces and February 2021 at 1,830,707 ounces.

Perth Mint sales of minted gold coins and gold bars reached 66,709 ounces in January, rising 21.6% from December but falling 12.3% from January 2021. For some historical perspective and attesting to a strong 2021 and recent sales, the Mint’s top three months for gold bullion are March 2021 at 130,730 ounces, February 2021 at 124,104 ounces, and April 2020 at 120,504 ounces.

Perth Mint bullion sales from January 2021 to January 2022. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.

KITCO