The Perth Mint Sold 29,679 Ounces of Gold In May.Gold sales at the Perth Mint Rebound from April’s Multi-Year Lows.
May Perth Mint gold sales of 29,679 topped U.S. Mint gold sales of 14,500 ounces.
Gold sales at the Perth Mint in May 2017 were up 41% from May 2016 sales of 21,035 ounces.
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Gold Sales Rebound at the Perth Mint
Perth Mint gold sales rose in May from 21,035 ounces in May 2016 to 29,679 ounces.
Perth Mint vs. U.S. Mint Gold Sales
Sales of American Gold Eagles at the U.S. Mint in May 2017 were at a fourteen year low..
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Perth Mint Gold Sales January 2014 – May 2017
Perth Mint Gold Sales 2012- 2017
The 2017 Australian Gold Rooster coin released in September 2016 drove sales higher at the Perth Mint. The coin is now sold out.
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The Silver To Gold Sales Ratio
Silver to Gold Sales Ratios at the U.S. and Perth Mints
From 2009-2014, the U.S. Mint sold proportionally increasing amounts of silver to gold. In 2014 the silver to gold sales ratio hit an annual peak of 106:1 In 2015, the silver to gold sales ratio fell to 75 to 1 and fell further in 2016. In the fall of 2016, the ratio continued to fall.
The Perth Mint is also a refiner of gold.
The Perth Mint historically sold less silver to gold than the U.S. Mint. In 2015, due to the massive increase in sales of the Australian Silver Kangaroo, the silver to gold sale ratio rose to 25.76 to 1.
In 2016, the silver to gold sales ratio at the Perth Mint was 23.51.
In August 2016, the U.S. Mint sold 1,280,000 one ounce American Silver Eagle coins and 50,000 one ounce American Gold Eagle coins in August 2016 for a silver to gold sales ratio of 25.6 to 1.
The Perth Mint sold 376,461 ounces of silver and 14,684 ounces of gold in August 2016 for a silver to gold sales ratio of 25.64 to 1.
In September, the U.S. Mint sold 1,675,000 American Silver Eagles and 79,000 one ounce American Gold Eagles for a silver to gold sales ratio of 21.2 to 1.
The Perth Mint sold 1,031,858 ounces of silver and 58,811 ounces of gold in September 2016 for a silver to gold sales ratio of 17.55 to 1.
In October the U.S. Mint sold 3,825,000 American Silver Eagles and 100,500 one ounce American Gold Eagles for a silver to gold sales ratio of 38 to 1
The Perth Mint sold 1,084,213 ounces of silver and 79,048 ounces of gold in October 2016 for a silver to gold sales ratio of 13.71 to 1.
In November the U.S. Mint sold 3,061,000 American Silver Eagles and 129,000 one ounce American Gold Eagles for a silver to gold sales ratio of 23.72 to 1
The Perth Mint sold 984,622 ounces of silver and 54,747 ounces of gold in November 2016 for a silver to gold sales ratio of 17.98 to 1.
In December the U.S. Mint sold 240,000 American Silver Eagles and 23,000 one ounce American Gold Eagles for a silver to gold sales ratio of 10.4 to 1
The Perth Mint sold 420,009 ounces of silver and 63,420 ounces of gold in December 2016 for a silver to gold sales ratio of 6.62 to 1.
In January the U.S. Mint sold 5,127,500 American Silver Eagles and 86,500 one ounce American Gold Eagles for a silver to gold sales ratio of 59.3 to 1
The Perth Mint sold 1,230,867 ounces of silver and 72,745 ounces of gold in January 2017 for a silver to gold sales ratio of 16.92 to 1.
In February the U.S. Mint sold 1,215,000 American Silver Eagles and 21,000 one ounce American Gold Eagles for a silver to gold sales ratio of 57.9 to 1
The Perth Mint sold 502,353 ounces of silver and 25,257 ounces of gold in February 2017 for a silver to gold sales ratio of 19.89 to 1.
March Perth Mint Gold Sales Top US Mint Sales
In March the U.S. Mint sold 1,615,000 American Silver Eagles and 16,000 one ounce American Gold Eagles for a silver to gold sales ratio of 101 to 1
The Perth Mint sold 716,283 ounces of silver and 22,232 ounces of gold in March 2017 for a silver to gold sales ratio of 32.22 to 1.
April Perth Mint Sales Top U.S. Mint Sales AGAIN!
In April the U.S. Mint sold 835,000 American Silver Eagles and 3,500 one ounce American Gold Eagles for a silver to gold sales ratio of 238 to 1
The Perth Mint sold 468,977 ounces of silver and 10,490 ounces of gold in April 2017 for a silver to gold sales ratio of 44.7.22 to 1.
strong>May Perth Mint Sales Top U.S. Mint Sales Yet AGAIN!
In May the U.S. Mint sold 2,455,000 American Silver Eagles and 10,000 one ounce American Gold Eagles for a silver to gold sales ratio of 245.5 to 1
The Perth Mint sold 826,656 ounces of silver and 29,679 ounces of gold in May 2017 for a silver to gold sales ratio of 27.85 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 ended 2016 at over 70 to 1 and remains above to that level.
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