By Hubert Walker for CoinWeek ….
Following September’s dramatic spike in silver demand and October’s last-minute push to a new yearly high for gold, in both instances demand for bullion products from the Perth Mint appears to be returning to pre-spike levels.
In November, the Mint sold 31,664 total ounces of gold. While not quite as low as January’s 23,174 ounces, it’s still less than half of October’s high of 66,951.
A total of 1,145,239 ounces of silver were sold last month. This represents a decrease of almost 66% in demand since September.
Perth Mint Gold and Silver Sales, December 2014 – November 2015. Source: Perth Mint blog.
