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Clearing Statistics - Most Recent Figures

Tuesday, February 28, 2017

LBMA Clearing Statistics for January 2017


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.


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.