Page 8 - Bullion World Volume 4 Issue 5 May 2024_Neat

Bullion World | Volume 4 | Issue 5 | May 2024

LBMA Precious Metals Market

Volumes and their Significance

Ms Rhona O’Connell, Head of Market Analysis - EMEA & Asia, StoneX Financial Ltd

Any views expressed here are of the
writer and do not reflect a house view
either from StoneX Financial Ltd.,
nor from NASDAQ.

Welcome to our monthly round-up of the LBMA OTC
trading volumes in gold, silver, platinum and palladium,
as recorded on a daily basis by the Association.
These are split into spot, swap/forward, options and
LoanLeaseDeposit (LLD) and give a flavour of the
markets’ activity and how they were influenced by
external forces and news items.

All references to COMEX or NYMEX positioning refer to
Managed Money, not commercial positions.

Ms Rhona O’Connell

Daily March average compared with daily average for 2023

Source: LBMA

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