Throughout history, gold has served as a universal store of value, medium of exchange, and symbol of wealth. It is unique for its combination of properties—rarity, [...]

The fixing price is crucial for dealing in large volumes of gold. Many financial instruments, such as cash-settled swaps and options, use the fixing as a [...]

During the gold fixing, participants submit buy and sell orders based on the starting price. Adjustments are made until the net volume reaches a pre-set tolerance, [...]

Fourteen major market-making members of the LBMA participate in the London Gold Fixing. These include Barclays, Goldman Sachs, HSBC, JP Morgan, and others.

The LBMA Gold Price, or London Gold Fixing, sets a standard price twice a day for gold transactions. This price serves as a benchmark for pricing [...]

The Spot Market Price is the price paid for gold when the trade settles immediately, typically within two business days. Participants in the Primary Bullion Market [...]

Good Delivery bullion ownership provides liquidity. By storing these bars in recognized vaults, you avoid the need for re-assaying, which adds costs. The audit trail guarantees [...]

The “Chain of Integrity” ensures that gold bars meet the highest quality standards. Bars can only enter the chain if they meet LBMA Good Delivery standards. [...]

A Good Delivery Bar meets strict physical specifications set by the LBMA. These bars are widely accepted in the wholesale bullion market due to their high [...]

LBMA Good Delivery accreditation sets the global quality standard for gold bars. Accredited refiners must demonstrate high assaying capabilities to remain on the LBMA Good Delivery [...]