LBMA Media Centre

This is a dedicated area of the LBMA website devoted to keeping you up to date with the latest news updates, as well as past and present Press Releases, Publications and Speeches.

Latest News

Find out what the LBMA and its committees are currently doing.Read More

Press Releases

Past and present statements and Press Releases from the LBMA. Read More


LBMA publications past and present including articles from the Alchemist. Read More


From past and present LBMA conferences, seminars and forums. Read More

Clearing Statistics - Most Recent Figures

Thursday, August 31, 2017

LBMA Clearing Statistics - July 2017


The average price of gold in July was $1,236/oz, representing a month on month fall of 1.9%. The average volume of ounces transferred fell by 4.7% to 20 million, with the corresponding value down by 6.5% to $24.7 billion. The number of transfers in July was 2,800, broadly in line with the previous month, with the clearers settling on average 7,149 ounces per transfer, 4.4% lower than the corresponding figure for June.


The average price of silver in July decreased by 4.7% to $16.14/oz. The volume of ounces transferred increased by 1.7% to 207.1 million ounces with the corresponding value 3.2% lower at $3.34 billion. The number of transfers increased by 5.3% to 939, with the clearers settling on average 220,534 ounces per transfer, a decrease of 3.4% on the previous month.

The average gold / silver price ratio in July was 76.6, the highest average monthly ratio since March 2016.

A full copy of the Press Release can be found here.