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Figures for amounts cleared are collected monthly by the LBMA from the six members offering clearing services, which form a company called London Precious Metals Clearing Limited (LPMCL).
Three measures are taken separately for each metal: Volume:
the amount of metal transferred on average each day measured in millions of troy ounces
the value measured in USD, using the monthly average London pm fixing price for gold and the average London fixing price for silver
Number of Transfers:
the average number recorded each day
The six clearers are:
The LPMCL recognises the following institutions as providing vaulting facilities for the storage of precious metals in London:
*PMCL Member This list is reproduced with the permission of the LPMCL.