Australia's Perth Mint gold sales rise in Feb, silver falls - Reuters

Wed Mar 5, 2014 2:16am EST

  March 5 (Reuters) - The Perth Mint's sales of gold bars and  coins climbed in February from the same period last year as  bullion prices rose the most in seven months, but sales of  silver coins fell.       The Perth Mint runs the only gold refinery in Australia, the  world's second-biggest gold producer after China.      Sales of gold coins and minted bars rose to 47,003 ounces in  February from 44,399.48 ounces in the year-ago period, according  to data emailed to Reuters.      Silver sales fell 9 percent to 392,088 ounces last month.       Last year, the mint's gold sales jumped 41 percent and  silver sales rise 33 percent as prices fell on an improving U.S.  economy and an expected rollback of the Federal Reserve's  stimulus measures.      Gold fell 28 percent last year; it is up about 11  percent so far this year on weaker equities.       The metal rose nearly 7 percent in February - its biggest  monthly gain since July.      Period     Gold          Silver       Feb-14        47,003        392,088      Jan-14        64,818        912,388      Dec-14     58,943.61     845,940.53      Nov-13     52,700.23     807,246.05      Oct-13     77,255.18     821,579.77      Sep-13     68,488.06     961,977.07      Aug-13     30,430.10     691,258.63      Jul-13     56,488.25     697,247.39      Jun-13     47,692.02     593,534.52      May-13     88,637.82     596,458.40      Apr-13    112,575.40   1,113,461.36      Mar-13     50,356.16     408,178.52      Feb-13     44,399.48     431,237.41      Jan-13     66,669.66     676,742.40      Dec-12     51,777.57     452,390.35      Nov-12     49,004.09     623,345.46      Oct-12     54,779.00     465,033.74      Sep-12     82,066.89   1,259,702.59      Aug-12     37,196.86     338,945.22      Jul-12     34,588.36     459,270.48        Source: The Perth Mint   Note: Sales figures in ounces. Gold sales include coins and  minted bars. Silver figures include only coins as the mint does  not issue silver minted bars.     (Reporting by A. Ananthalakshmi; Editing by Tom Hogue)  

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