Daily Averages Gold Clearing Data - September 2023
The volume of gold transferred in September decreased by 0.2% month on month (m/m) to 16.3 mn ounces, with the corresponding value transferred down 2.8% m/m to $31.3 bn. There were 4,113 transfers, 1.7% lower m/m, with the clearers settling on average 3,970 ounces per transfer, 0.9% lower m/m.
Daily Averages Silver Clearing Data - September 2023
For silver, the volume of ounces transferred decreased by 4.9% m/m to 234.9mn ounces, with the corresponding value transferred down 5.7% m/m to $5.5 bn. The number of transfers decreased by 4.4% m/m to 1,498, with the clearers settling on average 156,819 ounces per transfer, 0.5% lower m/m.
The average gold/silver price ratio in September increased to 82.5 from 81.9 in August.