LBMA - The Competent Authority for the world Bullion Market

The LBMA is an international trade association, representing the London market for gold and silver bullion which has a global client base. This includes the majority of the gold-holding central banks, private sector investors, mining companies, producers, refiners and fabricators. The on-going work of the Association covers a number of areas, among them refining standards, trading documentation and the development of good trading practices.

The maintenance of the Good Delivery List, including the accreditation of new refiners and the regular retesting of listed refiners, is the most important core activity of the LBMA. The LBMA Brochure provides further information about the LBMA.

What we do

We maintain Good Delivery Lists, which set the standard for bullion bars traded in the London market. Read More

Our People

An enthusiastic, highly motivated and dedicated team delivering the work of the Association.Read More


Open to those directly involved in the London bullion market aswell as those with indirect links. Read More

LBMA Committees

The expertise of the committee members underpins all aspects of the work of the LBMA. Read More

Governance & Regulation

The Regulatory framework of the bullion market and the major issues facing the industry. Read More