GOLD NEWS

London Gold and Silver Vault Data for June 2024

Fri July 05 2024

As at end June 2024, the amount of gold held in London vaults was 8,599 tonnes (a 0.7% increase on previous month), valued at $644.4 billion, which equates to approximately 687,932 gold bars.

There were also 26,136 tonnes of silver (a 1% increase on previous month), valued at $24.7 billion, which equates to approximately 871,205 silver bars. These figures provide an important insight into London’s ability to underpin the physical OTC market.

The publication on the fifth business day of each month of the amount of gold the London vaults were holding at the end of the previous month follows the recent move to publish the equivalent data for silver. It represents a continued move towards greater transparency and timeliness.

Source: https://www.lbma.org.uk/