Daily Averages Gold Clearing Data - March 2021
Gold The volume of ounces transferred in March increased by 5.8% month on month (m/m) to 19.9 mn ounces, with the corresponding value up marginally by 0.5% at $34.3 bn. There were 5,446 transfers in March, 17% higher m/m, with the clearers settling on average 3,661 ounces per transfer, some 10 % lower than the previous month.
Daily Averages Silver Clearing Data - March 2021
Silver The volume of ounces transferred in March was 21.6% lower m/m at 263.6 mn ounces, with the corresponding value transferred more than 26% lower at $6.75 bn. The number of transfers in March fell by 21% m/m to 2,155, with the clearers settling on average 122,323 ounces per transfer, broadly in line with the previous month.
The average gold / silver price ratio in March was 67.1.