Australian bullion demand rebounded in February, according to data published March 10 by The Perth Mint

The Perth Mint's gold sales climbed in February, with gold coins and bars totaling 25,103 ounces – up 35.3% from January's low

Australian bullion demand rebounded in February, according to data published Friday by The Perth Mint of Australia, following January’s 10-month low for its gold products and 67-month low for its silver products.

The Mint’s sales occurred against a backdrop of divided precious metal prices. In February, LBMA prices (USD) saw gold rise 0.8%, while silver dropped 1.5%.

Perth Mint General Manager of Minted Products, Neil Vance, noted that the strong gold price continued to weigh on demand for minted products. However, he expressed satisfaction with the response to key February releases, including the Australian Kookaburra 2025 1 Kilo Silver Bullion Coin and gold and silver bars from the Lunar Year of the Snake collection.

“It is heartening to see the increase in sales on January levels given precious metals prices remain at record highs,” Vance commented.

Perth Mint Bullion Sales in February 2025

The Perth Mint’s gold sales climbed in February, with gold coins and bars totaling 25,103 ounces — up 35.3% from January’s low, the weakest monthly total since March 2024. However, sales were down 46.7% from February 2024.

Year-to-date gold sales reached 43,651 ounces, 39.2% lower than the 71,737 ounces sold in the same period last year.

Silver sales also improved, with February’s total at 482,451 ounces, a 16.3% increase from January’s low, the weakest since June 2019. Compared to February 2024, sales were down 52.1%.

So far this year, The Perth Mint’s silver sales stand at 897,426 ounces, a decline of 49.5% from the 1,776,178 ounces sold in the first two months of 2024.

Perth Mint Gold and Silver Sales by Month through February 2025

Below is a monthly summary of Perth Mint bullion sales from January 2022 to February 2025. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.

Bullion Coins Released in January 2025

In February, as reported by The Perth Mint, the following bullion coins were released:

In January, as reported by the Mint, the following bullion coins were released:

In November, as reported by the Mint, the following bullion coins were released:

In October, as reported by Mint, the following bullion coins were released:

In September, as reported by the Mint, the following bullion coins were released:

Share news:output: Australian bullion demand rebounded in February, according to data published Friday by The Perth Mint of Australia, following January’s 10-month low for its gold products and 67-month low for its silver products.

The Mint’s sales occurred against a backdrop of divided precious metal prices. In February, LBMA prices (USD) saw gold rise 0.8%, while silver dropped 1.5%.

Perth Mint General Manager of Minted Products, Neil Vance, noted that the strong gold price continued to weigh on demand for minted products. However, he expressed satisfaction with the response to key February releases, including the Australian Kookaburra 2025 1 Kilo Silver Bullion Coin and gold and silver bars from the Lunar Year of the Snake collection.

“It is heartening to see the increase in sales on January levels given precious metals prices remain at record highs,” Vance commented.

The Perth Mint’s gold sales climbed in February, with gold coins and bars totaling 25,103 ounces — up 35.3% from January’s low, the weakest monthly total since March 2024. However, sales were down 46.7% from February 2024.

Year-to-date gold sales reached 43,651 ounces, 39.2% lower than the 71,737 ounces sold in the same period last year.

Silver sales also improved, with February’s total at 482,451 ounces, a 16.3% increase from January’s low, the weakest since June 2019. Compared to February 2024, sales were down 52.1%.

So far this year, The Perth Mint’s silver sales stand at