SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (81282)4/1/2020 2:22:44 PM
From: Goose94Read Replies (1) | Respond to of 203382
 
Gold: The Perth Mint, Australia's largest, reported a jump in gold and silver sales last month as demand for havens surged amid the coronavirus pandemic.

The mint, which has been in business for more than a century, said gold coin and minted bar sales totaled 93,775 ounces in March, the highest since April 2013, according to data compiled by Bloomberg. Silver sales almost tripled to 1.74 million ounces from 605,634 ounces in February.

The mint's gold kilobars were sold out last week due to the surge in demand amid a squeeze in the market, according to Chief Executive Officer Richard Hayes. It has reopened the kilobar manufacturing facility to ensure additional stock is available, and separately has diverted production to its popular 1-ounce Silver Kangaroo coin to meet a backlog of orders, he said last week.

By Ranjeetha Pakiam
Bloomberg News
Wednesday, April 1, 2020