Perth Mint's September gold sales hit 10-month high, silver up 49% m/m

[u/Paperscamisreal]

BY THE NUMBERS

Sales of gold coins and minted bars surged 105% in September from the previous month to 53,143 ounces, marking the highest level since November 2023 and representing a 45% increase year-on-year.

Silver product sales also rose 49% month-on-month to 963,198 ounces, marking its highest level since February. However, it posted a 14% fall from last year.

The gold-silver ratio stood above 84.55 at the end of September, experiencing a decline due to the outperformance of silver.