LBMA
The London Bullion Market Association (LBMA) is a globally recognized trade association that represents the wholesale over-the-counter market for gold and silver bullion. Established in 1987, LBMA plays a pivotal role in promoting the highest standards of integrity and transparency within the precious metals market.
As a key player in the industry, LBMA sets the benchmark for good delivery standards, ensuring that all transactions are conducted with the utmost professionalism. The association is dedicated to fostering a secure and efficient marketplace for its members, which include banks, refiners, and traders from around the world.
LBMA’s core activities encompass the development of market standards, the provision of essential market data, and the facilitation of education and training programs. The organization also actively engages in advocacy efforts to represent the interests of its members at various regulatory levels.
With a vision to enhance the global reputation of the bullion market, LBMA continuously strives to innovate and adapt to the evolving landscape of the financial sector. The association is committed to sustainability and responsible sourcing, promoting ethical practices throughout the supply chain.
In addition to its regulatory functions, LBMA organizes events and conferences that bring together industry leaders to discuss trends, challenges, and opportunities within the bullion market. Through these initiatives, LBMA fosters collaboration and knowledge sharing among its members.
Overall, LBMA is not just a trade association; it is a vital institution that underpins the integrity and efficiency of the global bullion market, ensuring that it remains a trusted and reliable source for investors and stakeholders alike.