IN THE NEWS

Do you buy precious metal when the market is rising? Or do you see opportunity when prices correct?

According to Bron Suchecki, Perth Mint Manager, Analysis and Strategy, Asian buyers of gold and silver are more likely to fall into the second category.

Asked by Tekoa Da Silva on Bull Market Thinking what interesting things he's currently seeing from China and India in terms of demand for coins and bars, this is what Bron said:

“They will desert the market if prices move up, [but] will come back in when the prices correct…When they feel the gold price has formed a new base…they’ll see that as the new bottom, they’ll buy that bottom, and they’ll demand returns. [That's when] we have bullion banks calling us up desperate to get kilo bars.”

It’s a totally different approach to one often witnessed at The Perth Mint, as Bron explained:

“That contrasts a lot with what we see as a retail client mentality - which is when the price is going up they buy, because they like to go with the trend and need to feel confident that the trend is in their favour, and when the price starts to fall—they sell.

“[So] the Indian and Asian buyers are more canny, and really operate in reverse.”

You can listen to Bron’s full interview here.

WEBSITE INFORMATION

Offering a new level of customer convenience, our bullion buying website is now fully optimised for mobile phones. With many key features of the regular website, including price graphs, the fully transactional mobile site enables you to react instantly to buying opportunities*. Wherever you are or whatever you are doing, it’s perfect for buying gold and silver on the go!

Test out the new mobile site on your phone at www.perthmintbullion.com.

*Service available Monday to Friday 8.30am – 5pm Western Standard Time.

New clients please note: To purchase Perth Mint bullion on your mobile phone you must register to buy using the desktop site.

IN THE NEWS

BBC News Business is running a video from Singapore about gold and silver investing featuring some great shots of Perth Mint bullion products – check it out here.

WEBSITE INFORMATION

The long-awaited development of our gold and silver bullion sales site is underway with the extension of web sales in the following Asia Pacific countries:

• Singapore

• Malaysia

• Indonesia

• Philippines

• Thailand

• South Korea

• Brunei

• Hong Kong

• Papua New Guinea

• New Zealand

If you are an investor living in these nations, you can now use the convenience of the internet to purchase an extensive range of pure gold and silver coins and bars direct from the world-renowned Perth Mint, while also enjoying our hassle-free door-to-door delivery service.

Live Bullion Pricing

Launched in Australia in 2010 and extremely popular with Australian investors, the site is the world’s first to offer ‘live’ pricing on an extensive range of internationally recognised bullion products.

For those investing in precious metals for the first time, gold and silver prices are set on 24-hour international spot markets. Thanks to a breakthrough by the Mint, real-time data from these markets is used to continuously update the price of bullion coins and bars displayed for sale on the website.

The site offers many other benefits too, including:

1.    Volume breaks on coins
2.    High and low price alerts
3.    Price graphs
4.    Daily media coverage of precious metals
5.    A free Wealth Tracker widget to instantly calculate the value of your portfolio

Meet Ron Currie, Perth Mint Sales & Marketing Director, who discusses the many benefits of buying gold and silver bullion via the web from Australia’s specialist precious metal Mint in Perth.

Watch more Perth Mint coin and bar videos on YouTube

Register and Win!

To buy gold and silver bullion online from The Perth Mint, clients first need to register. The simple process takes a few minutes and under normal circumstances individuals are approved to buy within a couple of days.

To encourage Asia Pacific clients to register now, we’re offering them the chance to win a classic Kangaroo minted gold bar in tamper-proof packaging. Made from 1oz of 99.99% pure gold, it’s an extremely popular option with bullion investors worldwide.

Click here for full details

Fast Facts

 - The Perth Mint is operated by Gold Corporation, a statutory authority of the Government of Western Australia.

 - As the owner of Australia's only gold refinery, we refine almost all the gold mined in Australia, one of the largest producers in the world.

 - Our Australian Kangaroo, Kookaburra, Koala and Lunar bullion coins are issued as legal tender of Australia, their absolute assurance of weight and purity.

 - Small investment bars, which bear our official LBMA mark, can usually be traded internationally without the need for assay.

BULLION BARS AND COINS

The 2013 Australian Koala Silver Bullion Coin Series has made its much anticipated debut.

Available from today, the 99.9% pure silver coins are available in 1 kilo, 10oz, 1oz and 1/2oz sizes. These latest releases portray an iconic representation of an adult koala resting in the fork of a gum tree.

Designed for investors seeking silver in the convenient, trusted form of legal tender, these coins will be struck by The Perth Mint on a mint-to-order basis until the end of 2013.

Take a look at the design (on a 10oz coin):

Buy your Australian Koala now

WEBSITE INFORMATION

The Perth Mint bullion website will be closed on Monday 1 October 2012. We apologise to any clients who may be inconvenienced by this unavoidable action.

Closure of the site for sales of bullion coins and bars is due to the Queen’s Birthday Public Holiday in Western Australia, and the consequent non-opening of our Treasury Department.

Bullion sales on the web, including the new 2013 Australian Kangaroo gold bullion coin series, will resume on Tuesday 2 October at 8.30 am WST time.

Please note that the launch of the 2013 Australian Kangaroo gold bullion coin series will go ahead as previously announced on Monday 1. Customers interested in these coins on launch day may wish to contact a Perth Mint authorised distributor.

For information about other public holidays in Western Australia, click here.