Pursuits
Gold Sales Tumble at Perth Mint After Rout Deters Buyers
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Gold sales from Australia’s Perth Mint, which refines nearly all of the bullion mined in the country, declined for a second month in June as prices extended a bear-market slump, deterring buyers.
Sales of gold bars and coins totaled 49,460 ounces in June, compared with 92,781 ounces in May and 116,755 ounces in April, according to data from the mint. Sales were 52,704 ounces in March, before the rout, the data show.