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PMGOLD holdings hit all-time high

Topics [ Perth Mint Gold ]

Monthly holdings report – April 2020

Perth Mint Gold (ASX: PMGOLD) holdings continued to rise in April 2020, hitting a new all-time high of 188,161 ounces (5.85 tonnes), with inflows of more than 13,500 ounces for the month.

Monthly flows into PMGOLD can be seen in the chart below, with April 2020 seeing the one of largest inflows on record.

Inflows in April continue a strong run for PMGOLD that dates back to September 2018, with total holdings increasing by more than 100,000 ounces over this time period.

The value of PMGOLD holdings also topped AUD 490 million for the first time by the end of April 2020, driven not only by strong investor inflows, but also the rise in the gold price, which ended the month trading above AUD 2,600 per ounce.

To learn more about investing in PMGOLD, simply download our PMGOLD Factsheet.

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