February 01, 2022

LBMA Net Clearing Data (Daily Averages): December 2021

Daily Averages Gold Clearing Data - December 2021

The volume of gold transferred in December increased by 8.2% month on month (m/m) to 15.8 mn ounces, albeit -16.3% lower than the corresponding period for December 2020, whilst the value of ounces transferred increased by 6.7% m/m to $28.3 bn. There were 4,453 transfers, 8.7% higher m/m, with the clearers settling on average 3,558 ounces per transfer, broadly flat m/m.

Daily Averages Silver Clearing Data - December 2021

The volume of ounces transferred in December increased by 21.7% m/m to 208.9 mn ounces, with the corresponding value transferred up 13% m/m to $4.69 bn. The number of transfers increased by 2% m/m to 1,452, with the clearers settling on average 143,837 ounces per transfer, 19.3% higher m/m.

The average gold / silver price ratio in December was 79.5 up from 75.2 in November.