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.