Perth Mint’s gold sales plummeted 35% in March, with silver bar demand halved simultaneously
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- Perth Mint's sales of gold coins and gold bars in March fell to 43,656 ounces from 67,249 ounces in February, a month-on-month decrease of approximately 35%.
- During the same period, sales of silver coins and silver bars dropped from 1.925 million ounces to 976,450 ounces, down by nearly half.
- At the end of March, the gold price was about $4,600 per ounce, representing a monthly drop of approximately 12%. Despite significant volatility, the gold price remains above average year-to-date.
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