News Flash: Silver Demand Unabated; Perth Mint Sales Surge

After record-breaking world-wide silver demand in the third quarter of 2015, the surge continued in September, with Bloomberg reporting sales at the Perth Mint in Australia hit the highest level in at least three years last month.
Sales of silver coins and minted bars jumped to 3.35 million ounces in September from 707,656 ounces the previous month, the mint said on its website on Friday. That’s the highest on record according to mint data compiled by Bloomberg dating back to 2012. Gold sales rose to 63,791 ounces, the highest in a year, from 33,390 ounces in August.’

This post was published at Schiffgold on OCTOBER 8, 2015.