Daily Averages Gold Clearing Data - November 2023

The volume of gold transferred in November decreased by 1.1% month on month (m/m) to 17.1 mn ounces, with the corresponding value transferred up 2.7% m/m to $34.0 bn. There were 5,222 transfers, 10.5% higher m/m, with the clearers settling on average 3,281 ounces per transfer, 10.5% lower m/m.

Daily Averages Silver Clearing Data - November 2023

For silver, the volume of ounces transferred decreased by 7.0% m/m to 197.8 mn ounces, with the corresponding value transferred down 2.5% m/m to $4.6bn. The number of transfers increased by 26.0% m/m to 1,671, with the clearers settling on average 118,387 ounces per transfer, 26.1% lower m/m.

The average gold/silver price ratio in November decreased to 84.9 from 85.7 in October.

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