Welcome to Alchemist 104.

In this edition, as well as the usual regular news and stories from the world of precious metals, we also bring you some new fascinating features.

The issue features our popular 'Voices of the London Market' and 'Day in the Life' series, whilst also introducing new sections.

Don't miss the 'An Acorn Never Falls Far From the Tree' editorial by Aelred Connelly, who reflects on his LBMA career and achievements.

We hope that you enjoy our latest offering.

LBMA would like to thank all of our advertisers: