Silver Demand Powers January Results at The Perth Mint

January brought sharply higher silver demand at the Perth Mint, producing its strongest monthly silver total in more than two and a half years, while gold sales declined from December but remained well ahead of year-earlier levels.

The Mint’s performance unfolded against soaring precious metal prices. Based on LBMA data in U.S. dollars, gold rose 15.6%, or $673.90, to $4,981.85 per ounce in January, while silver climbed 43.3%, or $31.20, to $103.19.

Perth Mint Bullion Sales in January 2026

Silver coin and bar sales for the month totaled 1,722,639 ounces — the most for any month since May 2023 — marking increases of 188.1% from December and 315.1% from January 2025.

“With the sustained interest in silver bullion, we have focused our production efforts on our core products to ensure we meet our customers’ expectations,” stated Neil Vance, The Perth Mint’s General Manager Minted Products. “The focus of demand has been on silver kangaroo coins and silver kilobars, while the silver kookaburra coin was launched in January to strong sales.”

The Perth Mint reported gold coin and bar sales of 29,103 ounces in January, down 18.9% from December but 56.9% higher than in January 2025.

Perth Mint Gold and Silver Sales by Month through January 2026

Below is a monthly summary of Perth Mint bullion sales from January 2022 to January 2026. 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.

Bullion Coins Released in January

In January, The Perth Mint reported that the following bullion coins were released:

• Australian Kookaburra 2026 1 Kilo Silver Bullion Coin
• Australian Kookaburra 2026 10oz Silver Bullion Coin
• Australian Kookaburra 2026 1oz Silver Bullion Coin

In November, the Mint reported that the following bullion coins were released:

• Australian Lunar Series III 2026 Year of the Horse 1oz Silver Bullion Coin with Dragon Privy
• Australian Lunar Series III 2026 Year of the Horse 1oz Gold Bullion Coin with Dragon Privy
• Lunar Horse 2026 1oz Silver Rectangular Individual Bullion Coin
• Lunar Horse 2026 1oz Silver Rectangular Bullion Coin in Tube
• Lunar Horse 1oz Gold Minted Bar

In October, as reported by the 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