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LBMA Trade Data Weekly Change – 25 Oct 2021

OTC Precious metal trading activity rose for the second consecutive week, posting an all-around market rise in trading volumes. Spot #gold exceeded the 100 million oz barrier (traded weekly) for the first time since mid-August whilst prices also returned to levels not seen since late August/early September. It was a similar case for #silver where LBMA Trade Data recorded aggregated silver trading (across all instruments) just shy of 2 billion oz for the week- a level not seen since the VIPT price was $23.69/oz.

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