Perth Mint January 2026 Silver Bullion Sales of 1,722,639 Ounces Were the Highest Since May 2023
CoinNews reported on February 12, 2026, that The Perth Mint sold 1,722,639 ounces of silver coins and bars in January 2026, the most for any month since May 2023. Gold coin and bar sales were 29,103 ounces, down 18.9% from December but 56.9% higher than in January 2025.
Correction (Oct 13, 2026): We rewrote the headline, summary and body to match the source, a CoinNews report of February 12, 2026. The previous version gave the sales month as January 2024, and added explanations not in the source, including inflation hedging and money moving out of digital assets, a history of the Mint, and claims about a shift in investor behavior and upside for numismatic coins; we removed these and added the source's sales figures, prices and January coin releases. The previous headline was "Perth Mint Silver Hits 30-Month Peak: The Bullion Demand Shift Investors Must Track."
This article is based on a CoinNews report published on February 12, 2026, covering The Perth Mint's bullion sales for January 2026.
Silver at Its Highest Since May 2023
The Perth Mint's silver coin and bar sales totaled 1,722,639 ounces in January 2026, the most for any month since May 2023, according to CoinNews. That was up 188.1% from December and 315.1% from January 2025. CoinNews described it as the Mint's strongest monthly silver total in more than two and a half years.
Neil Vance, The Perth Mint's General Manager Minted Products, said the Mint had focused production on its core products because of sustained interest in silver bullion.
"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."
Gold Down From December, Up From a Year Earlier
Gold coin and bar sales were 29,103 ounces in January, down 18.9% from December but 56.9% higher than in January 2025.
Metal Prices in January
CoinNews said the results came 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.
What the Figures Cover
The figures show monthly ounces of gold and silver shipped as minted products by The Perth Mint to wholesale and retail customers worldwide. They exclude sales of cast bars and other Group activities, including sales of allocated and unallocated precious metal for storage by the Depository. The CoinNews report includes a monthly table of sales from January 2022 to January 2026.
Bullion Coins Released in January
The Perth Mint reported releasing three bullion coins in January:
- Australian Kookaburra 2026 1 Kilo Silver Bullion Coin - Australian Kookaburra 2026 10oz Silver Bullion Coin - Australian Kookaburra 2026 1oz Silver Bullion Coin
Source: CoinNews, "Silver Demand Powers January Results at The Perth Mint" (February 12, 2026).
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