Silver and Gold Sales at the Perth Mint in April 2015.
Silver sales were up 30.5% at the Perth Mint in April year over year.
Gold sales were up 13.5% at the Perth Mint in April year over year.
Silver Sales at the Perth Mint in April 2015
Sales of silver at the Perth Mint were up 30.5% in April 2015 at 472,273 up from 361,988 in April 2014.
In contrast, the U.S. Mint sold 2,851,500 one ounce American Silver Eagles (ASEs) in April down 20% from the 3,569,000 ASEs sold in April 2014.
April 2015 silver sales at the Perth Mint were down 26% from 638,537 ounces sold in March 2015.
Gold Sales at the Perth Mint in April 2015
Gold Sales were up 13.5% Year Over Year at the Perth Mint in April
The Perth Mint sold 26,545 ounces of gold in April 2015 down 22.5% from 34,260 ounces in March 2015.
Sales of American Gold Eagles at the U.S. Mint in April 2015 fell 9.6% from March.
April 2015 sales of gold at the Perth Mint were down 22.5% from 34,260 ounces sold in March 2014.
Silver to Gold Sales Ratios at the U.S. and Perth Mints
The U.S. and Perth Mints are selling proportionally increasing amounts of silver to gold. The Perth Mint, however, sells a much larger proportion of gold to silver than the U.S. Mint.
The U.S. Mint sold 2,851,500 one ounce American Silver Eagle coins and 23,500 one ounce American Gold Eagle coins in April 2015 for a silver to gold sales ratio of 121.34 to 1.
The Perth Mint sold 472,273 ounces of silver and 26,545 ounces of gold in April 2015 for a silver to gold sales ratio of 17.79 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 was 71.84 to 1 as of May 18, 2015.