July 01, 2024

Net Clearing Data (Daily Averages): May 2024

Daily Averages Gold Clearing Data - May 2024

The volume of gold transferred in May decreased by 13.2% month on month (m/m) to 16.3 mn ounces, with the corresponding value transferred down 12.7% m/m to $38.3 bn. There were 4,662 transfers, 16.6% lower m/m, with the clearers settling on average 3,499 ounces per transfer, 4.1 higher m/m.

Daily Averages Silver Clearing Data - May 2024

For silver, the volume of ounces transferred decreased by 13.7% m/m to 239.7 mn ounces, with the corresponding value transferred down 2.2% m/m to $7.5 bn. The number of transfers increased by 4.6% m/m to 3,397, with the clearers settling on average 70,556 ounces per transfer, 17.5% lower m/m.

The average gold/silver price ratio in May decreased to 75.1 from 84.7 in April.


Find the latest monthly figures and charts for gold and silver on the LBMA website.