Daily Averages Gold Clearing Data - October 2022
The volume of gold transferred in October decreased by 6.4% month on month (m/m) to 18.3 mn, with the corresponding value transferred down 7.4% m/m to $30.4 bn. There were 4,257 transfers, 5.9% lower m/m, with the clearers settling on average 4,294 ounces per transfer, 0.5% lower m/m.
Daily Averages Silver Clearing Data - October 2022
For Silver, the volume of ounces transferred decreased by 5.2% m/m to 242.4 mn ounces, with the corresponding value transferred down 2.5% m/m to $4.7 bn. The number of transfers increased by 3.7% m/m to 1,585, with the clearers settling on average 152,927 ounces per transfer, 8.5% lower m/m.
The average gold/silver price ratio in October was down to 86.0 from 89.3 in September.