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Perth Mint: Precious metal sales up as gold and silver shine
The Perth Mint sold 36,595 troy ounces (oz) of gold and 578,588 oz of silver in minted product form during September 2025. Opening the month near USD 3,450, gold returned double digit percentage growth in September, hitting numerous records during this run. Numerous factors such as the ongoing geopolitical and economic uncertainty fuelled demand as safe haven assets came to the fore. Mid-month, the US Federal Reserve cut interest rates by 25bps after holding rates steady for five straight meetings this year and flagged further rate cuts. This expectation helped propel the price of gold higher. At end of the month ... (full story)