Commodity

GOLD: Daily Analysis & Forecast (Futures)

Perth Mint’s gold sales rebounded in September, the refiner said on Thursday, with silver sales climbing to their highest since June as a drop in prices offered investors an opportunity to buy the precious metals at lower costs.

Monthly sales of gold coins and minted bars edged up to 36,530 ounces last month from 34,875 ounces in August, but were down about 59% on a year-on-year basis. Sales of silver products jumped to 1,116,779 ounces in September, up 41% on a monthly basis, while down 57% on a yearly basis.

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