Our clearing data represents the net volume of transfers of gold and silver physically held in London – known as Loco London – settled between the four LBMA Market Maker banks that own and operate London Precious Metals Clearing Limited (LPMCL).
Daily Averages Gold Clearing Data - June 2026
The volume of gold transferred in June increased by 4.1% month on month (m/m) to 16.7mn ounces, with the corresponding value transferred down by 3.8% m/m to $70.9bn. There were 7,227 transfers, 11.8% higher m/m, with the clearers settling on average 2,314 ounces per transfer, 6.9% lower m/m.
Daily Averages Silver Clearing Data - June 2026
For silver, the volume of ounces transferred decreased by 1.1 % m/m to 192.8mn ounces, with the corresponding value transferred down 15.2% m/m to $12.9bn. The number of transfers decreased by 8.5% m/m to 2,114, with the clearers settling on average 91,172 ounces per transfer, 8.2% higher m/m.
The average gold/silver price ratio in June increased to 63.5 from 58.9 in May.