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Perth Mint Gold: Monthly holdings report – June 2020

Topics [ Perth Mint Gold ]

Holdings of Perth Mint Gold (ASX:PMGOLD) continued to rise in June 2020 to an all-time high, topping 200,000 ounces for the first time.

PMGOLD ended the financial year with total holdings of 205,628 ounces (6.40 tonnes). Inflows of more than 10,000 ounces were recorded for the month. 

Monthly flows can be seen in the chart below which shows that holdings increased by more than 50% in the first six months of 2020. 


Source: The Perth Mint, ASX, Reuters

As demonstrated above, demand for PMGOLD has trended upwards since September 2018. Over this 21-month period to end June 2020, total holdings increased by almost 150%.

The value of PMGOLD holdings has also continued to grow. The product ended the month of June with a market value of AUD 529.9 million, based on a last traded price of 25.77 per unit (AUD 2,577 per ounce) on the ASX on 30 June 2020. 

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

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