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

Publications

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

Speeches

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

Clearing Statistics - Most Recent Figures

Tuesday, February 28, 2017

LBMA Clearing Statistics for January 2017

Gold

The average price of gold in January increased by 3.6% to $1,192.62/oz. Activity was subdued, with the average volume of ounces transferred falling by 15.5% to 20.5 million with the corresponding value transferred decreasing by 12.4% to $24.4 billion. The number of transfers was broadly unchanged at 3,070, with the clearers settling on average 6,660 ounces per transfer, 15.5% lower than the previous month.

Silver

The average price of silver increased by 2.6% in January to $16.81/oz. Silver activity was subdued, with the volume of ounces transferred down by 4.8% to 207.5 million and the corresponding value of ounces 2.3% lower at $3.49 billion. The number of transfers decreased by 5.9% to 966, with the clearers settling on average 214,752 ounces per transfer, 1.2% higher than the previous month.

The average gold / silver price ratio in January was 71, up from 70.3 in December.

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

Back