February 03, 2025

LBMA Net Clearing Data (Daily Averages): December 2024

Daily Averages Gold Clearing Data - December 2024

The volume of gold transferred in December increased by 6.1% month on month (m/m) to 18.45 mn ounces, with the corresponding value transferred up 5.9% m/m to $48.8 bn. There were 5,971 transfers, 8% lower m/m, with the clearers settling on average 3,093 ounces per transfer, 15.3% higher m/m.

Daily Averages Silver Clearing Data - December 2024

For silver, the volume of ounces transferred increased by 19.4% m/m to 247.6 mn ounces, with the corresponding value transferred up 16.9% m/m to $7.5 bn. The number of transfers decreased by 8.2% m/m to 1,822, with the clearers settling on average 135,905 ounces per transfer, 30.2% higher m/m.

The average gold/silver price ratio in December increased to 86.8 from 85.1 in November.