Kitco joins LBMA as an Affiliate Member
What were the reasons for you wanting to join LBMA and what do you see as the key benefits of membership?
Joining LBMA reflects Kitco’s long-standing commitment to integrity, transparency, and responsible practices in the precious metals space. We’ve always valued working within a framework that supports high standards across the supply chain, and LBMA sets the tone globally. Membership gives us the opportunity to stay connected with the latest developments, contribute to important industry conversations, and build relationships with others who are equally committed to strengthening the market.
Tell us about your company’s role in the precious metals market.
Kitco plays a unique dual role. We are a global retailer of bullion products and digital metals, and we are also one of the most visited sources of news, data, and commentary in the precious metals space. People come to Kitco not only to buy metals, but to make sense of the market itself. From real-time charts to in-depth interviews, we help connect the dots between what’s happening in the world and what it means for gold, silver, and beyond.
What’s the background and history of the company?
Kitco was founded in 1977 by Bart Kitner, who started the company while still a university student. What began as a small refining business quickly grew into a pioneer in online metals trading and information. We were the first to publish live market prices online, and that spirit of innovation continues to drive us today. Based in Montreal, we now serve customers across North America and around the world.
President and Founder Bart Kitner.
What factors do you expect to impact your business in the short to long term?
There is a lot happening in the global landscape. Inflation concerns, interest rate shifts, and geopolitical uncertainty continue to influence demand for gold and silver. Looking ahead, technology, regulatory shifts, and a stronger focus on ESG principles will shape how customers engage with precious metals and what they expect from companies like ours.
What are your future plans for the business?
We are focused on making it easier for people to access and understand the precious metals market. That means enhancing our digital platforms, expanding educational content, and building strategic partnerships. As a customer-centric company, we’re committed to designing products, services, and experiences that reflect the needs and preferences of the people we serve. We are also exploring new formats for buying and storing metals that align with how customers want to engage with the market. At our core, we will always be about trust, transparency, and accessibility.
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