Newsroom

Top Stories

Conference

September 21, 2021

LBMA/LPPM Launches Precious Metals Conference 2022 – in Lisbon

LBMA is excited to announce that next year’s LBMA/LPPM Global Precious Metals Conference will be an in-person event taking place in Lisbon, Portugal, from Sunday 16 – Tuesday 18 October 2022.

Responsible Sourcing

Responsible Sourcing Newsletter: November 2021

Read the latest responsible sourcing newsletter on 'Responsible Recycled and ASM Gold: Two Sides of The Same Coin.

Market

LBMA Precious Metals Auctions

London Metal Exchange and Ice Benchmark Administration have confirmed changes to December 24, 2021 Auctions.

Regulation

LBMA Responds to EBA NSFR Report

The European Banking Authority (EBA) has published a report on the possible impact of the net stable funding ratio (NSFR) on the functioning of the precious metals’ markets.

Responsible Sourcing

LBMA Publishes Responsible Sourcing Report 2021

LBMA’s second annual Responsible Sourcing Report has launched. The report aims to increase the transparency of the LBMA Responsible Sourcing Programme (Programme).

Responsible Sourcing

Responsible Sourcing Newsletter: October 2021

Venezuelan gold continues to infiltrate the legal gold market, while OECD report calls for more due diligence on production and trade of gold.

Good Delivery List

New Addition to the Silver Good Delivery List

The gold and silver refinery of ABC Refinery (Australia) Pty Ltd (“ABC”) of Australia has been added to the LBMA’s Good Delivery List for silver with effect from 4 November 2021.
View all stories

Latest prices

Clearing Data

Daily average transferred for September 2021

Gold $25.2 bn

Silver $4.19 bn

London Vault Holdings

End October 2021

Gold 9,661t

Silver 36,110t

LBMA Trade Data

12 week moving average value of trades for the period ending 26 September, 2021.

Gold $283.51 bn

Silver $38.61 bn

View all data

LBMA Events

Conference

16 – 18 October 2022

LBMA/LPPM Global Precious Metals Conference 2022

LBMA is excited to announce that next year’s LBMA/LPPM Global Precious Metals Conference will be an in-person event taking place in Lisbon, Portugal, from Sunday 16 – Tuesday 18 October 2022. Register your place now to receive our attractive Launch Sale rate and look forward to a prestigious five-star venue and high-profile speakers, with plenty of opportunities to network and reconnect in person with LBMA Executive members and other peers in the precious metals market.

Register now

Member Only

01 December 2021 1PM - 4PM (GMT)

LBMA Seminar 2021

LBMA will host a seminar at Glaziers Hall on Wednesday, 1 December, which will run from 1:00pm – 4:00pm (GMT).

Conference

28 - 30 March 2022

Responsible Sourcing and Sustainability Summit 2022

The Responsible Sourcing and Sustainability Summit aims to provide a platform to discuss the many initiatives and hard work taking place around the world, and within the industry, to help pave the way for widespread change. We need to tackle those tough but necessary conversations – so please do join us. Look out for further information on this event.

LBMA & Industry Events

01 December 2021

LBMA/LPPM/IPMI Dinner 2021

02 December 2021 9AM - 5PM (GMT)

LBMA Virtual Training | Introduction to Loco London

03 December 2021 9AM - 5PM (GMT)

LBMA Virtual Training | How to Use Loco London

03 March 2022

LBMA Annual Members’ Party 2022

Latest Webinars

Join us bi-weekly on Thursdays to catch up on hot topics, market continuity updates, regulatory briefings, and more.

Webinar

LBMA/LPPM Virtual Precious Metals Conference Wrap Up

In today’s webinar, James Steel (Chief Precious Metals Analyst, HSBC Securities (USA) Inc) and Suki Cooper (Precious Metals Analyst, Standard Chartered) discussed their personal highlights of the LBMA/LPPM Virtual Precious Metals Conference 2021.

Sustainability

Sustainable Finance: Risks & Policy

In this week’s webinar, we wanted to take a look at our most popular webinar since this series started with Paul Fisher (Fellow, Cambridge University for Sustainability Leadership & Board Chairman, LBMA) and Terry Heymann (Chief Financial Officer, WGC).

Alchemist Issue 102

View all articles

Econony

Issue 102

50 Years On, Who Killed Gold Money?

By Adrian Ash

Gold Market

Issue 102

15 August 1971 and the London Gold Market

By Rachel M Harvey

Voices of Market

Issue 102

Voices of the London Bullion Market

By Aelred Connelly

Exhibition

Issue 102

Curator's Corner

By Stewart Murray

LBMA Initiatives: Responsible Sourcing

Our mandatory independent audit programme verifies the legitimacy of gold and silver supply chains, ensuring sourcing meets international ethical standards.

Responsible Sourcing

LBMA Publishes Responsible Sourcing Report 2021

LBMA’s second annual Responsible Sourcing Report has launched. The report aims to increase the transparency of the LBMA Responsible Sourcing Programme.

Responsible Sourcing

Responsible Sourcing Newsletter: October 2021

The latest newsletter quotes ice hockey star Wayne Gretzky, whose motto sums up the second round of consultations on version 9 of the Responsible Gold Guidance.

Responsible Sourcing

LBMA Updates On Responsible Sourcing Programme

LBMA has published a mid-year update to outline the progress made on its 'Five Key Strategic Focus Areas' and provides an update on the audits for 2020.

Featured Training

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.

Read more

Vault Operators Training

LBMA’s Vault Operators training aims to raise standards at all delivery points around the world. It provides all learning resources and assessment tools needed to ensure vault operators apply the same high standards as the London vaults.

Read more

Key Publications

Guide to the Loco London Precious Metals Market

Read document

Global Precious Metals Code

Read document

Good Delivery Rules

Read document

LBMA exhibition

Explore Exhibition