Silver still shines at The Perth Mint
Amid heightened demand for precious metals, The Perth Mint advises customers that silver remains readily available.
While some physical silver products may be temporarily unavailable, this does not reflect a shortage of silver at The Perth Mint. Rather, it reflects temporary constraints in production capacity, an issue affecting bullion mints and refiners worldwide.
To better serve our clients, we’ve streamlined our product range to focus on our most popular offerings: the 1oz Australian Kangaroo gold and silver bullion coins and 1kilo silver cast bars.
The Perth Mint Treasurer, Sawan Tanna, says the Mint remains a reliable source of high-quality bullion for silver investors.
“We want to reassure our customers that The Perth Mint has plenty of silver,”
“We’re simply prioritising production of our most in-demand products to ensure consistent availability.”
Strong demand amid price surge
Due to strong demand, some customers may experience wait times for physical products.
We encourage people to consider using our Click and Collect service for faster access to available stock.
For those seeking exposure to gold without the need for physical delivery, our award-winning PMGOLD exchange traded product offers a convenient and cost-effective investment option.
PMGOLD is fully backed by physical gold stored securely at The Perth Mint and can be purchased through a standard ASX stockbroking account.
This allows investors to avoid delays associated with establishing a Depository account, which has seen a spike in new applications due to increased interest in precious metals.
Investor interest remains incredibly strong following recent movements in both the gold and silver price.
The Perth Mint has seen unprecedented demand for its bullion products, with many turning to gold and silver as safe-haven assets amid ongoing global uncertainty.
As this uncertainty continues to drive interest in precious metals, The Perth Mint remains committed to providing trusted access to gold and silver for investors worldwide.
