Perth Mint Gold (ASX: PMGOLD) holdings hit a new all-time high of 150,480 ounces (4.68 tonnes) in February 2020, with inflows of over 12,700 ounces for the month.
Monthly flows into PMGOLD can be seen in the chart below, with last month setting a new record for inflows, marginally exceeding the prior record which was set back in August 2019.
Source: The Perth Mint, ASX, Reuters
Inflows in February continue a strong run for PMGOLD that dates back to September 2018, with total fund holdings rising by more than 78% during this time period.
The value of PMGOLD holdings also topped AUD 350 million for the first time ever in February, driven by the record inflows, as well as the 2.76% rise in the Australian dollar gold price, which ended the month at AUD 2,441 per troy ounce.
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