Perth Mint's gold sales rise in March, m/m silver sales slip

April 3 (Reuters) - The Perth Mint's sales of gold products rose about 13 percent in March from a month earlier, while month-on-month silver sales fell for second month in a row, the mint said in a blog post on its website on Tuesday. Sales of gold coins and minted bars rose to 29,883 ounces in March from 26,473 ounces in February, the mint said. Gold sales climbed about 34 percent in March compared with the same month last year. Silver sales in March fell 1.7 percent month-on-month to 975,921 ounces, but surged about 36 percent compared with the same time last year. The Perth Mint refines more than 90 percent of the newly mined gold in Australia, the world's second-largest gold producer after China. Spot gold prices was up about 0.5 percent in March.

Period Gold (oz) Silver (oz)

(year-month)

2018-March 29,883 975,921 2018-Feb 26,473 992,954 2018-Jan 37,174 1,067,361 2017-Dec 27,009 874,437 2017-Nov 23,901 544,436 2017-Oct 44,618 999,425 2017-Sept 46,415 697,849 2017-Aug 23,130 392,091 2017-July 23,675 1,167,963 2017-June 19,259 1,215,071 2017-May 29,679 826,656 2017-April 10,490 468,977 2017-March 22,232 716,283 2017-Feb 25,257 502,353 2017-Jan 72,745 1,230,867 2016-Dec 63,420 430,009 2016-Nov 54,747 984,622 2016-Oct 79,048 1,084,213 2016-Sept 58,811 1,031,858 2016-Aug 14,684 376,461 2016-July 16,870 693,447 2016-June 31,368 1,220,817 2016-May 21,035 974,865 2016-April 47,542 1,161,766 2016-March 47,948 1,756,238 2016-Feb 37,063 1,049,062 2016-Jan 47,759 1,473,408

(Reporting by Eileen Soreng in Bengaluru; Editing by Amrutha Gayathri)