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Perth Mint's gold sales rise in July, silver sales dip

Aug 3 (Reuters) - The Perth Mint's sales of gold products rose 23 percent in July, while silver sales declined for the first time in three months, the mint said in a blog post on its website on Wednesday. Sales of gold coins and minted bars increased to 23,675 ounces in July from 19,259 ounces a month ago, the mint said. Silver sales during the month slipped about 4 percent to 1,167,963 ounces, compared with 1,215,071 ounces in June, according to the blog post. The Perth Mint refines more than 90 percent of newly mined gold in Australia, the world's No. 2 gold producer after China. Gold prices fell on Thursday as the dollar inched up from multi-month lows and as signs the U.S. economy was strengthening turned investor focus to riskier assets.

Period Gold (oz) Silver (oz) Jul-17 23,675 1,167,963 Jun-17 19,259 1,215,071 May-17 29,679 826,656 Apr-17 10,490 468,977 Mar-17 22,232 716,283 Feb-17 25,257 502,353 Jan-17 72,745 1,230,867 Dec-16 63,420 430,009 Nov-16 54,747 984,622 Oct-16 79,048 1,084,213 Sept-16 58,811 1,031,858 Aug-16 14,684 376,461 Jul-16 16,870 693,447 Jun-16 31,368 1,220,817 May-16 21,035 974,865 Apr-16 47,542 1,161,766 Mar-16 47,948 1,756,238 Feb-16 37,063 1,049,062 Jan-16 47,759 1,473,408 Dec-15 40,096 1,083,460 Nov-15 31,664 1,145,239 Oct-15 66,951 1,751,898 Sep-15 63,791 3,349,557 Aug-15 33,390 707,656 Jul-15 51,088 746,700

(Reporting by Koustav Samanta in Bengaluru; Editing by Tom Hogue)