LBMA

The London Bullion Market Association (LBMA) is the independent authority for the global precious metals market, based in London. As the custodian of the Good Delivery Lists and the administrator of benchmark prices for gold, silver, platinum and palladium, the LBMA ensures trust and transparency within the global precious metals industry. We facilitate trade, set standards, and promote responsible sourcing practices, supporting a robust and reliable market for investors and participants worldwide. With a history dating back to 1987 and a membership spanning financial institutions and trading companies globally, the LBMA plays a critical role in shaping the future of the precious metals sector, including initiatives like the Gold Bar Integrity (GBI) Initiative and the Responsible Sourcing Programme.