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Perth Mint's August gold sales slip on month, silver sales lowest in a year

Sept 4 (Reuters) - The Perth Mint's sales of gold products slipped 2.3 percent in August from a month earlier, while silver sales fell to the lowest in a year, the mint said in a blog post on its website on Monday. Sales of gold coins and minted bars decreased to 23,130 ounces in August from 23,675 ounces a month ago, the mint said. Silver sales during the month dropped to the lowest level since last August at 392,091 ounces, down 66.4 percent from July, 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 climbed 1 percent to their highest in almost a year on Monday after North Korea's latest and most powerful nuclear test drove investors towards safe-haven assets.

Period Gold (oz) Silver (oz) Aug-17 23,130 392,091 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 Apeksha Nair in Bengaluru; Editing by Subhranshu Sahu)