Clearing Statistics - Most Recent Figures
Wednesday, April 04, 2018
The volume of volume of ounces transferred in February fell month on month (m/m) by 15% to 19.0 million ounces, although this was broadly in line with activity year on year (y/y). The value of ounces transferred in February was also 15% lower m/m at $25.3 billion although 9% higher y/y. The number of transfers was 2,729, with the clearers settling on average 6,959 ounces per transfer, broadly in line with January.
The volume of ounces transferred in February fell m/m by 24% to 233.4 million ounces, although this was still 36% higher y/y. The value of silver ounces transferred was $3.89 billion, 26% lower m/m. The number of transfers in February was 954, 13% lower than the previous month with the clearers settled on average 244,719 ounces per transfer.
The average gold / silver price ratio in February was 79.9, the highest monthly average for nearly two years.