February 01, 2023

LBMA Net Clearing Data (Daily Averages): December 2022

Daily Averages Gold Clearing Data - December 2022

The volume of gold transferred in December increased by 14.6% month on month (m/m) to 21.2 mn, with the corresponding value transferred up 19.3% m/m to $38.0 bn. There were 3,859 transfers, 5.2% higher m/m, with the clearers settling on average 5,488 ounces per transfer, 8.9% higher m/m.

Daily Averages Silver Clearing Data - December 2022

For silver, the volume of ounces transferred increased by 2.2% m/m to 243.3 mn ounces, with the corresponding value transferred up 13.1% m/m to $5.7 bn. The number of transfers increased by 18.8% m/m to 2,062, with the clearers settling on average 117,971 ounces per transfer, 14.0% lower m/m.

The average gold/silver price ratio in December was down to 77.3 from 82.2 in November.