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Perth Mint Gold holdings October 2020

Topics [ PMGold ]

Holdings of Perth Mint Gold (ASX:PMGOLD) continued to rise in October 2020, increasing by more than 2,000 ounces for the month. The product ended the month with holdings of 233,387 ounces (7.26 tonnes). 

Monthly flows into PMGOLD can be seen in the chart below, with holdings increasing by almost 75% in the first 10 months of 2020. 

Monthly change in ounces held: Perth Mint Gold (ASX:PMGOLD)
August 2017 to October 2020



Source: The Perth Mint, ASX, Reuters

The growth in the product seen in 2020 continues a strong period of demand for PMGOLD that dates back to September 2018, with total holdings increasing by more than 175% over this more than two-year period.

PMGOLD holdings finished September 2020 with a value of more than AUD 621 million, based on a last traded price of 26.62 per unit on the ASX on 30 October 2020. 

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

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