The London Bullion Market Association (LBMA) represents the wholesale gold and silver bullion market. London is the focal point for the international OTC precious metals market. This client base includes central banks, producers, refiners, fabricators, and traders globally.

The LBMA Good Delivery List sets the global standard for gold and silver bars. The LBMA’s stringent assaying criteria ensure bar quality. Additionally, LBMA’s Global Precious Metals Code governs participants’ conduct, maintaining integrity in the market.