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Clearing and Vault Statistics - Most Recent Figures

Monday, June 03, 2019

 

London Precious Metals Vault Holdings - FEBRUARY 2019

LBMA publishes aggregated data on the physical holdings of precious metals held in the London vaults which underpin the gross daily trading and net clearing in London. As at end February 2019, there were 7,629 tonnes of gold, valued at $323.5 billion and 35,719 tonnes of silver valued (as at end February 2019) at $18.2 billion. This equates to approximately 610,300 gold bars and 1,190,641 silver bars. The data is published monthly, three months in arrears.

The data includes the physical holdings of eight vaults. Three are clearing members of LPMCL (HSBC, ICBC Standard Bank and JP Morgan), four are security carriers (Brinks, G4S Cash Solutions (UK), Malca-Amit and Loomis International Ltd) and the Bank of England. It should be noted that the Bank holds gold in its vaults but not silver.

The historical monthly data series from July 2016, as well as other information on the London physical vault holdings can be found here on LBMA’s website. The data is published on the first day of each month (in the event that the first day of the month is a UK Bank Holiday or falls on a weekend, the data will be published on the first business day of the month) three months in arrears.

Clearing Statistics (Daily Averages) - APRIL 2019
Gold

The volume of ounces transferred in April increased by 1.4% month on month (m/m) to 20.2 million ounces, with the corresponding value unchanged at $25.9 billion. There were 3,120 transfers in April, 5.2% higher m/m, with the clearers settling on average 6,464 ounces per transfer, 3.5% lower m/m.

Silver

The volume of ounces transferred in April fell 3.5% to 237.9 million ounces, with the corresponding value down 5.3% to $3.58 billion. There were 985 transfers in April, 2.7% lower m/m, with the clearers settling on average 241,542 ounces per transfer, 0.9% lower m/m.

The average gold / silver price ratio in April was 85.5, the highest ratio since the early 1990s.

The data is published, one month in arrears, on the first day of each month (in the event that the first day of the month is a UK Bank Holiday or falls on a weekend, the data will be published on the first business day of the month).

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

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