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.

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Press Releases

Past and present statements and Press Releases from the LBMA.

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Publications

LBMA publications past and present including articles from the Alchemist.

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Speeches

From past and present LBMA conferences, seminars and forums.

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Appointment of IBA as Third Party Administrator for LBMA Gold Price

Friday, November 07, 2014

The LBMA today announced that ICE Benchmark Administration (IBA) has been selected to be the third-party administrator for the LBMA Gold Price. This consensus was reached during the LBMA’s market consultation, which involved two market surveys, a seminar and meetings with market participants, solution providers and the regulator. IBA, an independent specialist benchmark administrator, will provide the price platform, methodology as well as the overall administration and governance for the LBMA Gold Price. IBA’s proposal meets the LBMA Request for Proposal process criteria as it is electronic, auction-based, tradeable and auditable. The gold price mechanism is also expected to attract an increased number of direct participants.  Read More

London Gold Price Update

Monday, October 27, 2014

The LBMA held a seminar on the 24th October for market participants to assess presentations from possible solution providers for a London daily gold price mechanism. LBMA members, ISDA members and other bullion market participants were in attendance covering all sectors of the international gold market including banks, investment funds, traders, refiners, mining companies, hedge funds, trade associations and end users. Both the Bank of England and the Financial Conduct Authority attended the seminar as observers. .   Read More

London Gold Price RFP Update

Friday, October 17, 2014

On 4th September, the LBMA announced the launch of the Gold Price consultation survey as well as a RfP process, inviting proposals from potential providers for a gold price solution. The deadline for responses to the survey and submission of RfP was Friday 10th October.   Read More

LONDON GOLD FIXING – Call for Solution Providers & Market Consultation

Thursday, September 04, 2014

The London Gold Market Fixing Limited (LGMFL) announced on 16th July that, with support from the LBMA, it had commenced a Request for Proposal (RFP) process with a view to appointing a third-party to assume responsibility for the administration of the London Gold Fixing. LGMFL & LBMA are now inviting potential third-party providers who are interested in the RFP process to email Au.Consult@lbma.org.uk.   Read More

Additional Refiner Passes LBMA Responsible Gold Audit

Tuesday, September 02, 2014

The LBMA is pleased to announce that the following Good Delivery gold refiners has successfully passed the LBMA Responsible Gold Audit Programme, which involves an independent 3rd party audit of the refiners production over a 12 month period.   Read More