Perth Mint's gold product sales in February fell to their lowest in more than two years, while silver sales rose about 20 per cent on the month, the refiner said in a blog post on Wednesday.Monthly sales of gold coins and minted bars dipped 18.9 per cent to 52,241 ounces last month, from 64,395 in January
Perth Mint's gold product sales in February fell to their lowest in more than two years, while silver sales rose about 20 per cent on the month, the refiner said in a blog post on Wednesday.
Benchmark spot gold prices scaled their highest since April 2022 at $1,959.60 per ounce in early February, but soon reversed course. Bullion fell more than 5 per cent last month, its biggest monthly decline since June 2021, pressured by prospects of more rate hikes from the U.S. Federal Reserve.
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