Perth Mint Gold Bullion Sales in May Drop to 25-Month Low

From coinnews.net

Sales of Australian bullion products slowed in May, for a second month in a row, figures from The Perth Mint of Australia show. The Mint’s silver sales registered at a three-month low while its gold sales logged in at the lowest level in 25 months. Bullion Sales in May 2019 Perth Mint sales of gold coins and gold bars reached 10,790 ounces last month, registering declines of 46% from April and 27.1% from May of last year. The monthly tally was the weakest since April 2017 when the Mint sold 10,490 ounces. Year-to-date gold sales at 114,251 ounces are 7.5% lower than 123,491 ounces sold in the first five months of ... (full story)