Gold Sales at the Perth Mint in April 2016
The Perth Mint sold 47,542 ounces of gold in April 2016 up 79% year over year from 26,545 ounces sold in April 2015.
Gold sales at the Perth Mint in April 2016 were essentially flat from March 2016 sales of 47,948 ounces.
Perth Mint vs. U.S. Mint Gold Sales
Sales of American Gold Eagles at the U.S. Mint rose in April 2016 from April 2015. In April 2016, the U.S. Mint sold 93,000 one ounce American Gold Eagle coins up 295% from 23,500 sold in April 2015.
Perth Mint Gold Sales 2015 – 2016
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Silver to Gold Sales Ratios at the U.S. and Perth Mints
The U.S. and Perth Mints have been selling proportionally increasing amounts of silver to gold.
The U.S. Mint sold 4,072,000 one ounce American Silver Eagle coins and 93,000 one ounce American Gold Eagle coins in April 2016 for a silver to gold sales ratio of 43.78 to 1.
The Perth Mint sold 1,161,766 ounces of silver and 47,542 ounces of gold in April 2016 for a silver to gold sales ratio of 24.44 to 1.
The Gold Silver Ratio
In contrast, to the silver to gold sales ratio, the gold silver ratio measures how many ounces of silver it takes to buy one ounce of gold.
The gold silver ratio fell to 72 to 1 during April 2016.
Click here to see Perth Mint April Silver Sales
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