Perth Mint’s Gold Bullion Sales Surge 68% In March
(Reuters) – The Perth Mint said on Monday its gold products sales in March surged about 68 percent from the previous month, touching the highest level since November last year.
Sales of gold coins and minted bars in March rose to 32,757 ounces from 19,524 ounces in February, the mint said in a blog post.
Silver sales last month jumped 60.2 percent from the previous month and touched their highest since October last year at 935,819 ounces.
In March, benchmark spot gold prices posted their second straight monthly decline, falling about 1.6 percent, hurt by a strong dollar.
The Perth Mint refines more than 90 percent of newly mined gold in Australia, the world’s second-largest gold producer behind China.
Until April 18, when you purchase the minimum amount of 10,000 ($€£) in physical gold and or silver, you receive complimentary Storage In Zurich For 6 Months
News and Commentary
Gold edges higher as dollar eases, equities rally pauses (Reuters.com)
Gold little changed with risk concerns on U.S.-China trade talk (MarketWatch.com)
Escalating U.S.-China trade war would hit manufacturing, agricultural jobs: IMF (Reuters.com)
U.S. services, private payrolls data highlight slowing economy (Reuters.com)
NATO chief warns of Russia threat, urges unity in U.S. address (Reuters.com)
Palladium’s rise has been epic – will platinum ever catch up? (MoneyWeek.com)
Italy’s populists covet central bank and its gold (WSJ.com)
Precious metal prices rigged down for first-quarter valuation purposes (KingWorldNews.com)
US government’s net worth is now NEGATIVE $75 TRILLION (SovereignMan.com)
Gold Prices (LBMA PM)
03 Apr: USD 1,291.85, GBP 980.38 & EUR 1,148.84 per ounce
02 Apr: USD 1,287.20, GBP 984.97 & EUR 1,148.95 per ounce
01 Apr: USD 1,291.90, GBP 987.27 & EUR 1,149.15 per ounce
29 Mar: USD 1,291.15, GBP 991.09 & EUR 1,151.19 per ounce
28 Mar: USD 1,306.90, GBP 995.20 & EUR 1,161.18 per ounce
27 Mar: USD 1,318.25, GBP 997.78 & EUR 1,168.23 per ounce
Silver Prices (LBMA)
03 Apr: USD 15.16, GBP 11.51 & EUR 13.49 per ounce
02 Apr: USD 15.02, GBP 11.51 & EUR 13.42 per ounce
01 Apr: USD 15.07, GBP 11.50 & EUR 13.42 per ounce
29 Mar: USD 15.10, GBP 11.52 & EUR 13.45 per ounce
28 Mar: USD 15.19, GBP 11.58 & EUR 13.53 per ounce
27 Mar: USD 15.40, GBP 11.65 & EUR 13.65 per ounce
Recent Market Updates
– Perth Mint’s Gold Bullion Sales Surge 68% In March
– Central Banks Continue to Buy Gold at a Record Clip
– ItalExit and Cyber Risks in a Cashless World May Be Bigger Risks Than Brexit : Interview with GoldCore CEO
– Ireland and EU Countries Must Seek ECB Approval to Manage Gold Reserves – Draghi
– Global Risks Increasing – Underlining The Case For Gold in 2019 (GoldCore Video Presentation)
– Brexit and Learning To “Live With Boom and Bust Economic Cycles”
– ‘No Deal’ Brexit Risk Impacting UK and Irish Economies – Gold Gains On Recession Concerns
– America’s “Debt Crisis Is Coming Soon”