Gold Bar Security Feature
Security Feature launched - Gold Bar Integrity Update
Security Feature specifications form part of the Gold Bar Integrity (GBI) initiative to enhance the integrity of the physical gold market. This initiative will ensure that gold bars entering the market are genuine articles with known provenance.
The Security Feature will work in conjunction with a database solution currently under development.
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The specifications were developed in conjunction with the London vaults, Good Delivery refiners and other industry experts.
Vendors of Security Features and the associated technology, as well as users of existing Security Features, will now be able to benchmark their particular solution.
LBMA is currently developing the Application Process for recognising Security Features that meet the specifications. It should be noted that the Specifications are the minimum requirements that must be met.
Good Delivery Current List
Only refiners whose bars have been accredited by LBMA as meeting the exacting standards for trading on the global OTC market appear in the Good Delivery List.
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