Perth Mint's April gold sales halve m/m, silver sales dive

May 2 (Reuters) - The Perth Mint's sales of gold productsplunged about 49.3 percent in April from a month earlier, whilesilver sales dived about 53 percent, the mint said in a blogpost on its website on Wednesday.

Sales of gold coins and minted bars fell to 15,161 ounces inApril from 29,883 ounces in March, the mint said.

Gold sales were up about 45 percent in April compared withthe same month last year.

Silver sales in April fell to 458,655 ounces, and registereda 2.2 percent decline compared with the same time last year.

The Perth Mint refines more than 90 percent of the newlymined gold in Australia, the world's second-largest goldproducer after China.

Spot gold prices fell about 0.7 percent in April.

(Reporting by Arpan Varghese in Bengaluru; Editing bySubhranshu Sahu)

 

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