PERTH: Sales of Perth Mint’s gold products in November more than doubled from the previous month as demand surged from its international customers, especially Germany, while silver sales eased, the refiner said in a blog post.
Sales of gold coins and minted bars jumped to 84,158 ounces last month – their highest since April, up 119% on-month and 55% from a year earlier.
“The launch of the Kangaroo (coin series) coincided perfectly with the onset of lower gold prices in the back half of November,” Neil Vance, general manager at Minted Products said in the post.
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