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Pert Mint Gold Bullion Sales Hit 5-Month High in November, but Silver Sales Sluggish
Demand for Australian gold bullion reached a 5-month high in November, while sales for Australian silver bullion slowed to a 45-month low, according to figures from The Perth Mint of Australia. The Mint’s bullion sales were impacted by the month’s upward movement in precious metal, with LBMA prices (USD) rising by 1.9% for gold and surging 7.8% for silver. Perth Mint Gold Bullion Sales in November 2023 The Mint’s total November sales of gold coins and gold bars amounted to 53,520 ounces, marking the highest monthly figure since June. This indicates a substantial 26.5% increase compared to October, but it also ... (full story)