Daily Averages Gold Clearing Data - May 2021
The volume of ounces transferred in May decreased by 3.3% month on month (m/m) to 18 mn ounces, with the corresponding value up 1.7% at $33.3 bn. There were 4,447 transfers in May, 1.5% higher m/m, with the clearers settling on average 4,044 ounces per transfer, 4.7% lower than the previous month.
Daily Averages Silver Clearing Data - May 2021
The volume of ounces transferred in May increased significantly by 17% m/m to 265.7 mn ounces, with the corresponding value transferred increasing by 25.3% to $7.3 bn. The number of transfers in May increased by 4.7% to 1,830, with the clearers settling on average 145,194 ounces per transfer, up 11.7% on the previous month.
The average gold / silver price ratio in May was 67.5 compared to its peak of 111.9 in April last year.