Oct 3 (Reuters) - The Perth Mint's sales of gold products doubled in September from a month earlier, while silver sales surged 78 percent, the mint said in a blog post on its website on Tuesday.
Sales of gold coins and minted bars jumped to 46,415 ounces in September from 23,130 ounces a month ago, the mint said.
Silver sales during the month also rose to 697,849 ounces, compared with 392,091 ounces in August.
The Perth Mint refines more than 90 percent of newly-mined gold in Australia, the world's No. 2 gold producer after China.
Spot gold prices XAU= recorded their biggest monthly drop for the year in September, pressured by the strength of the U.S. dollar amid increasing prospects of a December interest rate hike by the Federal Reserve. GOL/
Period
Gold (oz)
Silver (oz)
(year-month
17-Sept
46,415
697,849
17-Aug
23,130
392,091
17-July
23,675
1,167,963
17-June
19,259
1,215,071
17-May
29,679
826,656
17-April
10,490
468,977
17-March
22,232
716,283
17-Feb
25,257
502,353
17-Jan
72,745
1,230,867
16-Dec
63,420
430,009
16-Nov
54,747
984,622
16-Oct
79,048
1,084,213
16-Sept
58,811
1,031,858
16-Aug
14,684
376,461
16-July
16,870
693,447
16-June
31,368
1,220,817
16-May
21,035
974,865
16-April
47,542
1,161,766
16-March
47,948
1,756,238
16-Feb
37,063
1,049,062
16-Jan
47,759
1,473,408
15-Dec
40,096
1,083,460
15-Nov
31,664
1,145,239
15-Oct
66,951
1,751,898
15-Sept
63,791
3,349,557
15-Aug
33,390
707,656
15-July
51,088
746,700