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Clearing and Vault Statistics - Most Recent Figures

Monday, April 01, 2019

London Precious Metals Vault Holdings - DECEMBER 2018

As at end December 2018, there were 7,491 tonnes of gold, valued at $308.6 billion and 35,386 tonnes of silver valued (as at end December 2018) at $17.6 billion. This equates to approximately 599,312 gold bars and 1,179,527 silver bars.

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) - FEBRUARY 2019
Gold

The volume of ounces transferred in February fell by 6.3% month on month (m/m) to 18.4 million ounces, with the value transferred down to $24.3 billion. There were 2,950 transfers in February, broadly unchanged m/m, with the clearers settling on average 6,235 ounces per transfer, 6% lower m/m.

Silver

The volume of ounces transferred in February fell sharply by 31.5% to 197.2 million ounces, with the value transferred falling to $3.12 billion. There were 802 transfers in February, 12.5 lower m/m, with the clearers settling on average 245,801 ounces per transfer, 21.8% lower m/m.

The average gold / silver price ratio in February was 83.5 compared to 82.8 the previous month.

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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