Perth Mint sees solid global demand for gold, silver bullion kitconews gold silver finance economics metals investing mining
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According to sales records, so far this year, the Perth Mint has sold more than 506,094 ounces of gold, down about 15% from the record year seen in 2021. The drop in sales reflects slightly weaker demand in the U.S. "The European Central Bank has been slower to react to inflation, so consumes are feeling the pressure more acutely there," he said."Geopolitical uncertainty in Europe because of the war in Ukraine is also driving demand higher compared to the U.S."
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