LBMA Media Centre

This is a dedicated area of the LBMA website devoted to keeping you up to date with the latest news updates, as well as past and present Press Releases, Publications and Speeches.

Latest News

Find out what the LBMA and its committees are currently doing.Read More

Press Releases

Past and present statements and Press Releases from the LBMA. Read More

Publications

LBMA publications past and present including articles from the Alchemist. Read More

Speeches

From past and present LBMA conferences, seminars and forums. Read More

Visit to Malca-Amit’s New Vault - Connelly, LBMA

Wednesday, October 31, 2012

Malca-Amit became a member of the LBMA in March 2012 and shortly afterwards completed the building of a new vault facility close to Heathrow airport. Stuart Playford, Emma Attridge and Aelred Connelly from the LBMA visited the facility recently. Here Aelred describes their visit.  Read More

Where Does the Gold Price Come From - Dr. Brian Lucey,Trinity College

Wednesday, October 31, 2012

Dr Brian Lucey, Charles Larkin and Fergal O’Connor consider a number of key questions about trading activity in the gold market. They present an academic perspective to questions such as where is the gold market price made, whether one market location has a predominant influence on the others and whether the pricemaking process is diffused.  Read More

Reinterpreting Gold's Price Behaviour - Daniel Brebner, Deutsche Bank

Wednesday, October 31, 2012

Gold has no use according to many. But then gold is not really a commodity at all. While it is included in the commodities basket it is in fact a medium of exchange and one that is officially recognised (if not publicly used as such). In this article Daniel explains that he would go further, and argue that gold in fact could be characterised as ‘good’ money as opposed to ‘bad’ money which would be represented by many of today’s fiat currencies. In describing gold as such he refers to Gresham’s Law – when a government overvalues one type of money and undervalues another, the undervalued money (good) will leave the country or disappear from circulation into hoards, while the overvalued money (bad) will flood into circulation.  Read More

The Silver Anniversary of the LBMA

Wednesday, October 03, 2012

The London Bullion Market Association (LBMA) was established at the behest of the Bank of England as a result of developments in the London financial markets that culminated with Big Bang in 1986 and the subsequent regulatory changes, which led to the Bank of England assuming formal supervision of the bullion market.   Read More