“For the first half of 2023, the cumulative sales of silver from the Perth Mint amounted to 9.6 million ounces indicating a 15.9% decrease compared to the 11.5 million ounces sold in the corresponding period last year.”
Based on Perth Mint data, #silver and #gold sales peaked between September and November of 2022.
#Silver sales in June are down nearly 48% from September 2022 high of 2.5 million ounces.
#Gold sales in June are down nearly 60% from October 2022 high of 183k ounces.