April 13, 2021
Spotlight on Silver Investment: LBMA Report
LBMA has launched its Spotlight on Silver Investment, a report which explores the key developments in silver investment over the last 12-18 months.
LBMA Responds to PRA Consultation
Read the full response from LBMA and World Gold Council to the Prudential Regulation Authority (PRA) consultation paper on the implementation of Basel Standards and its impact on the precious metals market.
LBMA Net Clearing Data: March 2021
Record Volume of Gold Stocks - 9,600 tonnes valued at more than $575 billion in London vaults, equal to approximately 764,741 gold bars. Data shows 5,446 transfers in March, 17% higher month-on-month.
LBMA Trade Data: Turnover Figures for Q1 2021
In a recent report, Rhona O’Connell (StoneX Financial Ltd) builds on the discussion at the LBMA trade data webinar in late February with an analysis of the data in the context of price action and market forces.
Harmonising Responsible Sourcing Standards
LBMA congratulates CME Group in its important decision to align responsible sourcing standards for silver, platinum and palladium effective from Thursday, 3 May 2021
Record Stocks of Silver in London Vaults - End March 2021
Record stock of silver held in London vaults with a total of 38,859 tonnes as at end March – an 11% increase on the last month, equal to approximately 1,259,310 silver bars.
Daily average for March month 2021
Gold $34.3 bn
Silver $6.75 bn
London Vault Holdings
End March 2021
LBMA Trade Data
12 week moving average value of trades for the period ending 28 March, 2021.
Gold $313 bn
Silver $60.2 bn
Indian Gold Demand
Join us on Thursday, 13 May as host, Jeremy East (Senior Advisor for Asia, LBMA), and panelists Shekhar Bhandari (Senior Executive Vice President & Business Head, Kotak Mahindra Bank) and Somasundaran PR (Managing Director, India, WGC) discuss Indian gold demand considering the devastating impact of the coronavirus outbreak in the region - and how demand might change around Akshaya Tritiya and beyond.
Global Initiative and Illicit Gold Markets
On Thursday, 20 May at 11:30AM BST, Alan Martin (Head of Responsible Sourcing, LBMA) will be sitting down with Marcena Hunter (Senior Analyst, Global Initiative Against Transnational Organized Crime) to talk about their upcoming report on Illicit Gold Markets in East and Southern Africa.
ESG & Mining
Join us on Thursday, 27 May as host, Neil Harby (Chief Technical Officer, LBMA), Grant Beringer (Group Sustainability Executive, Barrick Gold Corporation) and Edward Bickham (Senior Advisor, World Gold Council) add to the responsible sourcing conversation by discussing what's currently going on in the world of ESG and Mining.
LBMA & Industry Events
IPMI 45th Annual Conference
LBMA AGM 2021
LBMA Annual Dinner 2021
LBMA Annual Party 2022
Join us bi-weekly on Thursdays to catch up on hot topics, market continuity updates, regulatory briefings, and more.
LPPM PGMs Update 2021
David Jollie (Anglo American) and Justin Froneman (Sibanye-Stillwater) discussed how to balance recycling production with primary production, how price fluctuations can impact miners, and shared how the industry will progress over the coming years.
Alchemist Issue 100View all articles
A Journey Through 25 Years of the Gold Refining Industry & The Shift to the East
By Grant Angwin
LBMA Initiatives: Responsible Sourcing
Our mandatory independent audit programme verifies the legitimacy of gold and silver supply chains, ensuring sourcing meets international ethical standards.
The (Ever) Evolving Regulatory Landscape
LBMA General Counsel Sakhila Mirza offers her take on regulatory reform – a ubiquitous topic in an ever-evolving landscape. She reflects on the last 25 years since the Alchemist was first published and outlines what this period reveals about the markets.
LBMA's first Annual Responsible Sourcing Report
Our expert report provides data on the country of origin, highlighting where gold is mined and refined around the world. It aims to increase the transparency of the LBMA Responsible Sourcing programme.
LBMA Virtual Training Courses
LBMA’s bullion market training gives you the tools to successfully engage with the market. This live virtual course offers a detailed and definitive primer for any investor or institution looking to understand and take part in the global precious metals market. This course is CPD Accredited.