Perth Mint's August gold sales rise, silver drops 30% m/m

Perth Mint's August gold sales rise, silver drops 30% m/m

From xm.com

Perth Mint's gold product sales edged up in August, while silver sales slid over 30% on a monthly basis, the refiner said on Friday. Perth Mint, owned by the government of Western Australia, is the world's largest producer of newly mined gold. It is also the biggest refiner by volume in Australasia, according to the company's website. Its intake each year equates to almost 75% of newly mined gold in Australia, one of the world's biggest gold producers. Sales of gold coins and minted bars in August increased 2% from the previous month to 25,884 ounces, the highest level since April. However, they were down by 26% ... (full story)

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