7 July 2025 | Silver | Gold

Perth Mint’s gold product sales rose in June due to surging demand

Perth Mint’s gold product sales rose in June due to surging demand

In June 2025, the Perth Mint in Australia reported a 16% month-over-month increase in gold coin and bar sales, totaling 32,901 ounces. The surge followed a 0.4% rise in global gold prices, making the precious metal a more attractive asset for investors. According to the company, demand for new collectible coins, including rectangular bullion coins featuring a dragon design, was particularly strong.

Meanwhile, sales of silver products fell by 6.5% to 464,197 ounces, marking a five-month low. This drop came even as global silver prices jumped 9.4% in June, hitting a 13-year high. Despite the rally, buyer interest in the industrial metal remained weak.

According to Neil Vance, Perth Mint's general manager of minted products, demand for certain items like silver kangaroos has held steady, particularly in Germany. However, the broader trend shows investors favored gold over silver in June.

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