Silver and Gold Sales at the Perth Mint in June 2015.
Silver sales were down 34.1% at the Perth Mint in June year over year.
Gold sales were down 21.3% at the Perth Mint in June year over year.
Silver Sales at the Perth Mint in June 2015.
The Perth Mint sold 384,686 ounces of silver in June down 34.1% from 586,358 ounces sold in June 2014.
June 2015 silver sales at the Perth Mint were up 13.9% from 337,511 ounces sold in May 2015.
In contrast, silver sales at the U.S. Mint were up sharply.. In June, the U.S. Mint sold 4,840,000 one ounce American Silver Eagles (ASEs) up 139% from the 2,023,500 ASEs sold in May 2014.
Perth Mint Silver Sales June 2014-June 2015
Gold Sales at the Perth Mint in June 2015
The Perth Mint sold 31,019 ounces of gold in June down 21.3% year over year from 39,405 ounces sold in June 2014.
Gold sales at the Perth Mint were up 43.1% in June from 21,671 ounces sold in May.
Sales of American Gold Eagles at the U.S. Mint rose in June to eighteen month highs. In June 2015, the U.S. Mint sold 62,500 one ounce American Gold Eagles up 363% from 13,500 sold in May 2015 and up 45% from 43,000 American Gold Eagles sold in June 2014.
Perth Mint Gold Sales June 2014-June 2015
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 4,840,000 one ounce American Silver Eagle coins and 62,500 one ounce American Gold Eagle coins in June 2015 for a silver to gold sales ratio of 77 to 1.
The Perth Mint sold 384,586 ounces of silver and 31,109 ounces of gold in June 2015 for a silver to gold sales ratio of 12.36 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 74.22 to 1 as of July 2, 2015.