Australian bullion sales softened in November as Perth Mint figures reflected a pullback from October’s elevated level, even as precious metals prices posted another month of sharp gains.
Based on LBMA data in U.S. dollars, gold rose 4.5%, or $179.55, to $4,191.05 per ounce in November, while silver climbed 10.1%, or $4.95, to $53.91.
The Perth Mint’s General Manager of Minted Products, Neil Vance, said demand for both gold and silver minted products remained resilient in November, even as the Mint cycled off an unusually strong period of demand in October.
“This is a very pleasing result, considering we had no new releases in November,” he said.
Perth Mint Gold Bullion Sales in November 2025
The Perth Mint reported gold bullion sales of 66,710 ounces in November, down 22.1% from October but up 14.8% from November 2024.
Year-to-date gold sales totaled 429,971 ounces, a 19.5% increase from the 359,879 ounces recorded during the same period last year.
Perth Mint Silver Bullion Sales in November 2025
Silver bullion sales eased for the first time in three months, totaling 875,487 ounces — a 17.5% decline from October and 17.1% below year-earlier levels.
Through the first eleven months of 2025, silver sales reached 6,687,664 ounces, down 23.6% from 8,756,073 ounces over the same period in 2024.
Perth Mint Gold and Silver Sales by Month through November 2025
Below is a monthly summary of Perth Mint bullion sales from January 2022 to November 2025. The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. It excludes sales of cast bars and other Group activities including sales of allocated/unallocated precious metal for storage by the Depository.
| Perth Mint Bullion Sales (in troy ounces) | ||
|---|---|---|
| Silver | Gold | |
| November 2025 | 875,487 | 66,710 |
| October 2025 | 1,061,231 | 85,603 |
| September 2025 | 578,588 | 36,595 |
| August 2025 | 424,949 | 30,125 |
| July 2025 | 452,132 | 21,891 |
| June 2025 | 464,197 | 32,901 |
| May 2025 | 496,707 | 28,244 |
| April 2025 | 723,641 | 43,714 |
| March 2025 | 713,306 | 40,537 |
| February 2025 | 482,451 | 25,103 |
| January 2025 | 414,975 | 18,548 |
| December 2024 | 1,057,311 | 31,727 |
| November 2024 | 1,055,657 | 58,136 |
| October 2024 | 539,898 | 29,935 |
| September 2024 | 963,198 | 53,143 |
| August 2024 | 647,382 | 25,884 |
| July 2024 | 939,473 | 25,457 |
| June 2024 | 491,946 | 22,520 |
| May 2024 | 796,934 | 23,238 |
| April 2024 | 684,735 | 33,387 |
| March 2024 | 860,672 | 16,442 |
| February 2024 | 1,006,852 | 47,086 |
| January 2024 | 769,326 | 24,651 |
| December 2023 | 681,490 | 36,297 |
| November 2023 | 672,623 | 53,520 |
| October 2023 | 1,073,553 | 42,302 |
| September 2023 | 1,116,779 | 36,530 |
| August 2023 | 792,503 | 34,875 |
| July 2023 | 863,485 | 44,009 |
| June 2023 | 1,326,011 | 73,124 |
| May 2023 | 1,881,001 | 72,889 |
| April 2023 | 1,947,743 | 75,166 |
| March 2023 | 1,823,096 | 80,541 |
| February 2023 | 1,484,936 | 52,241 |
| January 2023 | 1,233,344 | 64,395 |
| December 2022 | 1,634,751 | 60,634 | November 2022 | 1,315,293 | 114,304 |
| October 2022 | 1,995,350 | 183,102 |
| September 2022 | 2,579,941 | 88,554 |
| August 2022 | 1,655,334 | 84,976 |
| July 2022 | 2,465,513 | 79,305 |
| June 2022 | 1,523,765 | 65,281 |
| May 2022 | 2,217,582 | 98,515 |
| April 2022 | 2,119,491 | 80,941 |
| March 2022 | 1,649,634 | 121,997 |
| February 2022 | 1,632,323 | 72,651 |
| January 2022 | 2,387,165 | 66,709 |
2025 Bullion Coins Released in November
In November, the Perth Mint reported no new bullion coin releases.
In October, as reported Mint, the following bullion coins were released:
- Australian Kangaroo 2026 Bullion Coin Series
In September, as reported by the Mint, the following bullion coins were released:
- Australian Lunar Series III 2026 Year of the Horse 10oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 2oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/2oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/4oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/10oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/20oz Gold Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1 kilo Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 5oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 2oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1/2oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Platinum Bullion Coin
In August, as reported by the Mint, the following bullion coins were released:
- Australian Brumby 2025 1oz Silver Bullion Coin
In July, as reported by the Mint, the following bullion coins were released:
- Australian Lunar Series III 2025 Year of the Snake 10 kilo Silver Bullion Coin
In June, as reported by the Mint, the following bullion coins were released:
- 2025 Dragon 1oz Gold Bullion Rectangular Coin
- 2025 Dragon 1oz Silver Bullion Rectangular Coin
In May, as reported by the Mint, the following bullion coins were released:
- 225th Anniversary of Australian Proclamation Coins – Pillar Dollar 2025 1oz Gold Bullion Coin
- 225th Anniversary of Australian Proclamation Coins – Pillar Dollar 2025 1oz Silver Bullion Coin
- Australian Emu 2025 1oz Gold Bullion Coin
- Australian Emu 2025 1oz Silver Bullion Coin
- 2025 Chinese Myths and Legends Double Phoenix 1oz Silver Bullion Coin
- Australian Kookaburra 2025 1/10oz Gold Bullion
- Australian Kookaburra 2025 1/10oz Platinum Bullion
In April, as reported by the Mint, the following bullion coins were released:
- Australian Swan 2025 1oz Silver Bullion Coin
- Australian Swan 2025 1oz Gold Bullion Coin
In March, as reported by the Mint, the following bullion coins were released:
- Australian Koala 2025 1oz Silver Bullion Coin
- Australian Koala 2025 1 Kilo Silver Bullion Coin
In February, as reported by the Mint, the following bullion coins were released:
- Lunar Snake 1oz Silver Minted Bar in Pouch
- Lunar Snake 1oz Silver Minted Bar in Tube
- Lunar Snake 1oz Gold Minted Bar
- Chinese Myths and Legends Four Guardians 2025 1oz Gold Bullion Coin
- Australian Kookaburra 2025 1 Kilo Silver Bullion Coin
- Australian Wedge-tailed Eagle 2025 1oz Silver Bullion Coin
In January, as reported by the Mint, the following bullion coins were released:
- Lunar Dragon 1oz Silver Minted Bar in Tube
- Lunar Dragon 1oz Silver Minted Bar in Pouch
- Australian Lunar Series III 2025 Year of the Snake 1oz Silver Bullion Coin with Dragon Privy
- Australian Lunar Series III 2025 Year of the Snake 1oz Gold Bullion Coin with Dragon Privy
In November, as reported by the Mint, the following bullion coins were released:
- Australian Kangaroo 2025 1oz Silver Bullion Coin in Tube
- Australian Kangaroo 2025 1oz Silver Individual Bullion Coin
- Australian Kangaroo 2025 1 Kilo Gold Bullion Coin
- Australian Kangaroo 2025 1oz Gold Bullion Coin
- Australian Kangaroo 2025 1/2oz Gold Bullion Coin
- Australian Kangaroo 2025 1/4oz Gold Bullion Coin
- Australian Kangaroo 2025 1/10oz Gold Bullion Coin
- Australian Kangaroo 2025 1oz Platinum Bullion Coin
- Australian Lunar Series III 2024 Year of the Dragon 10 Kilo Silver Bullion Coin
- Australian Koala 2024 1/10oz Gold Bullion Coin
- Australian Koala 2024 1/10oz Platinum Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 1 Kilo Silver Bullion Coin
- Australian Lunar Series III 2025 Year of the Snake 5oz Silver Bullion Coin
In October, as reported by Mint, the following bullion coins were released:
- Australian Wombat 2024 1oz Silver Bullion Coin
- Super Pit 2024 1oz Silver Individual Bullion Coin
- Super Pit 2024 1oz Silver Bullion Coins in Tube
- Super Pit 2024 1oz Gold Bullion Coin
- Super Pit 2024 5oz Gold Bullion Coin
- Welcome Nugget 2024 1oz Gold Bullion Coin
- Chinese Myths and Legends Four Guardians 2024 1oz Silver Bullion Coin
Bullion Coins That Sold Out
The Mint also reported that the following bullion coins “recently sold out:”
- The Perth Mint’s 125th Anniversary 2024 1oz Silver Bullion Coin
- Australian Wombat 2024 1oz Silver Bullion Coin
- Australian Lunar Series III 2026 Year of the Horse 1oz Platinum Coin
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