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March 1 (Reuters) - The Perth Mints sales of gold and silver products fell in February for the first time in three months, the mint said in a blog post on its website on Thursday. Sales of gold coins and minted bars declined 29 percent to 26,473 ounces in February from 37,174 ounces a month ago, the mint said. Silver sales in February were down 7 percent month-on-month to 992,954 ounces. Sales, however, nearly doubled in February compared with the same month last year. The Perth Mint refines more than 90 percent of the newly mined gold in Australia, the worlds second-largest gold producer after China. Spot gold prices fell about 2 percent in February to post its biggest monthly decline since September last year. Period Gold (oz) Silver (oz) (year-month) 2018-Feb 26,473 992,954 2018-Jan 37,174 1,067,361 2017-Dec 27,009 874,437 2017-Nov 23,901 544,436 2017-Oct 44,618 999,425 2017-Sept 46,415 697,849 2017-Aug 23,130 392,091 2017-July 23,675 1,167,963 2017-June 19,259 1,215,071 2017-May 29,679 826,656 2017-April 10,490 468,977 2017-March 22,232 716,283 2017-Feb 25,257 502,353 2017-Jan 72,745 1,230,867 2016-Dec 63,420 430,009 2016-Nov 54,747 984,622 2016-Oct 79,048 1,084,213 2016-Sept 58,811 1,031,858 2016-Aug 14,684 376,461 2016-July 16,870 693,447 2016-June 31,368 1,220,817 2016-May 21,035 974,865 2016-April 47,542 1,161,766 2016-March 47,948 1,756,238 2016-Feb 37,063 1,049,062 2016-Jan 47,759 1,473,408 (Reporting by Swati Verma in Bengaluru; Editing by Christian Schmollinger) View comments
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