Silver and Gold Sales at the U.S. Mint in March 2015
March sales of 3,519,000 American Silver Eagles bring the year to date sales to 12,071,000 behind 2014’s record pace.
Sales of one ounce American Gold Eagle sales were up in March to 35,000 from 12,500 in February.
U.S. Mint Sold 100.54 times more American Silver Eagles than one ounce American Gold Eagles in March.
March 2015 Silver Sales at the U.S. Mint
U.S. Mint Sold 3,519,000 American Silver Eagles in March 2015
March 2015 American Silver Eagle sales were down 34.3% from March 2014. (3,519,000 vs. 5,354,,000)
March 2015 Gold Sales at the U.S. Mint
U.S. Mint Sold 35,000 One Ounce American Gold Eagles in March 2015
March 2015 sales of American Gold Eagles Rise 119% from March 2014 (35,000 vs. 16,000)
The Gold Silver Ratio March 2015
Chart showing how many ounces of silver it takes to buy one ounce of gold – March 2015:
2014 Gold Silver Ratio
Click here for the live gold silver ratio and for historic gold silver ratio charts.
The Silver to Gold Sales Ratio
The March Silver to Gold Sales Ratio: 100.54 to 1
The February Silver To Gold Sales Ratio: 241.76 to 1
The January 2015 Silver To Gold Sales Ratio: 107.38 to 1
The 2015 (Jan-March) Silver To Gold Sales Ratio:121.93 to 1
The 2014 Silver to Gold Sales Ratio: 105.91 to 1
The silver to gold sales ratio is measured by the sales of physical gold bullion vs. sales of physical silver bullion at the U.S. Mint. We track the sales of one ounce American Gold Eagles vs. one ounce American Silver Eagles.
Here is a chart from 2008-2014 showing the ratio of American Silver Eagle coins sold compared to American Gold Eagle coins sold.
American Silver Eagle Record Was in Ounces Not Dollars
Here are two charts showing the dollar amounts of silver and gold sold at the U.S. Mint as measured by sales of one ounce American Gold and Silver Eagle coins:
Dollar Value of American Gold and Silver Eagle Coins Sold March 2014-March 2015
Dollar Value of American Gold and Silver Eagle Coins Sold 1986-2014
American Silver Eagle Sales
In March 2015, the U.S. Mint sold 3,519,000 one ounce Silver Eagles up 16% from 3,022,000 Silver Eagles sold in February 2015 and down 34% from 5,354,000 Silver Eagles sold in March 2014.
American Gold Eagle Sales
In January 2015, the U.S. Mint sold 35,000 one ounce Gold Eagles up 180% from 12,500 sold in February 2015 and up 119% from 16,000 Gold Eagles sold in March 2014.
The United State Mint sold a total of 118,000 American Gold Eagles in March 2015 including fractional 1/10, 1/4 and 1/2 ounce and one ounce coins, up 83% from February 2015 and up 126% from March 2014.
Total March 2015 Gold Bullion Sales at the U.S. Mint: 56,000 ounces, including 83,000 fractional ounce gold Eagles (totaling 11,500 ounces) and 12,000 24K one ounce Buffalo gold coins*.
In March 2015, the U.S. Mint sold approximately $59.0 million worth of silver. The Mint sold approximately $41.2 million worth of one ounce Gold Eagles. The total value of physical gold bullion sold at the U.S. Mint in September, including sales of one ounce and fractional ounce Gold Eagles and one ounce Gold Buffalo coins, was approximately $66.0 million.
On March 31, 2015 at 5:15 PM EST:
Silver was $16.66 per ounce
Silver Price Average in March:$16.22
Silver Price Average in February: $16.84
Silver Price Average in January: $17.09
Silver Price Average in December: $16.24
Silver Price Average in November: $15.97
Silver Price Average in October: $17.19
Silver Price Average in September: $18.49
Silver Price Average in August: $19.80
Silver Price Average in July: $20.92
Silver Price Average in June: $19.78
Silver Price Average in May: $19.36
Silver Price Average in April:19.71
Silver Price Average in March: $20.74
Silver Price Average in February: $20.83
Silver Price Average in January: $19.91
Silver Price Average in 2013: $23.79
Silver Price Average in 2014: $20.05
Gold was $1187 per ounce
Gold Price Average in March:$1178.63
Gold Price Average in February: $1227.19
Gpld Price Average in January: $1251.85
Gold Price Average in December:$1202.29
Gold Price Average in November:$1176.30
Gold Price Average in October: $1222.49
Gold Price Average in September: $1238.82
Gold Price Average in August: $1295.99
Gold Price Average in July: $1310.97
Gold Price Average in June: $1279.10
Gold Price Average in May: $1287.53
Gold Price Average in April: 1299.00
Gold Price Average in March: $1336.08
Gold Price Average in February: $1300.97
Gold Price Average in January: $1244.80
Gold Price Average in 2013: $1412.05
Gold Price Average in 2014:$1290.70
December Gold/Silver Ratio: 189.15 to 1
2014 Silver Gold Sales Ratio 105.91 to 1
2013 Silver Gold Sales Ratio: 59.25/1
Sources: Kitco and United States Mint