Leadership, Integrity and Transparency: The Global Authority for Precious Metals.
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For the first time in 100 years, the LBMA London #Gold Price has exceeded $1,900. The new record, $1,902.10, set on 24 July, continues gold’s growth through 2020 – starting the year at $1,520.55 and gaining 25% to now. Previous record high was $1,896.50 set on 5 September 2011.
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'A huge win today following over 10 years of work by LBMA & its members, including the creation of an entire #preciousmetals trade data repository.' Ruth Crowell, LBMA CEO. 👉reuters.com/article/gold-tra… #gold
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John Reade (World Gold Council) moderated a discussion with Tai Wong (Independent Trader) and Patrick Green (CitiGroup) to evaluate the latest outlook for investment and trading. Watch the recording now - bit.ly/3FjTL22 #gold
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LBMA has announced moves to support the world’s #artisanal gold miners with steps shared by miners, refiners, governments, NGOs and other stakeholders to encourage the inclusion of #gold produced by Artisanal and Small-scale Mining into mainstream supply.bit.ly/3S2nbHT
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Read the latest #gold and #silver stocks held in London vaults (end April 2021). These figures provide an important insight into London’s ability to underpin the physical OTC market. 👉bit.ly/3f5lhVH
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Increased Transparency of London Gold Holdings: LBMA, @bankofengland and the commercial Vaults have announced that they will publish the #gold and #silver holdings of the vaults in London with a one-month lag. Read the full statement here - bit.ly/3jzqBkO
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Bigger than a dinner plate? @RoyalMintUK has produced its largest coin to date weighing 5 kilos. With a denomination of £5k, the coin features the “Una and The Lion” design, created by William Wyon, former official chief engraver at the Royal Mint in 1839. bit.ly/31yEs2Q
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Alchemist 88: Lights, Camera, Action at Argor-Heraeus Refinery
By Aelred Connelly, LBMA PR Officer - bit.ly/2HRfCBr @Heraeus
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With less than two weeks until the #Sustainability and Responsible Sourcing #Summit, to be held at Hilton London Tower Bridge on Monday 28 – Tuesday 29 March, 2022, register now to secure your place: bit.ly/3MQeS0w #preciousmetals #gold
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Some 1.006bn oz ounces of #silver were traded in the London OTC market on Monday 1, February. This is just shy of the highest turnover (a) recorded in LBMA Trade Data statistics (first published in November 2018). Read more here - bit.ly/2MNdb9L
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The LBMA London Gold Price hit an all time record high at $2,034.45 at the 10:30 a.m. auction, today. This is the first time in its 100+ year history that the London price of #gold has exceeded $2,000 per troy ounce. Read more here - bit.ly/3gtO4CQ
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#DYK: The price of #gold was set by Sir Isaac Newton, as Master of the Mint, at £4.75 per troy ounce fine in 1717. The price remained unchanged for 200 years until the first London gold price auction in 1919. #GoldPriceCentenary2019 bit.ly/2VGn9xc
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In today’s webinar Krishan Gopaul noted that Q1 2022 had been a very strong quarter, detailing the motivations behind #centralbanks holding #gold. Adrian Ash talked about the impact of #BaselIII rules on gold and much more. Watch the full webinar now - bit.ly/3Ry655N
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What is Responsible Sourcing? Take a look at our recently published report and learn more about our Responsible Sourcing programme. #Gold #Silver #PreciousMetals
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2021 Precious Metals Forecast Survey: Double-digit price rises are forecast for all metals against 2020 actual average prices, but only modest gains are expected from early January 2021 levels. Read the full survey now - bit.ly/3jfxjxa #gold #silver #preciousmetals
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Alchemist 97: Can #gold really make $7000 by 2030? The current gold premium is telling us that higher inflation is coming. Charlie Morris @AtlasPulse, explains why gold has the unique ability to sniff out inflation. Full article here 👉bit.ly/304zevs
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7,449 tonnes of gold and 32,078 tonnes of silver held in the London Vaults. Read More here: bit.ly/2wdS5n6
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Read our latest #Alchemist issue to find out where the Deutsche Bundesbank's #gold treasure came from, where it is stored, and what the Bundesbank’s policy is regarding handling the Germans’ gold in the future: bit.ly/453E6l6 #PreciousMetals
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The LBMA London #gold #price hit a new high of $2,083.15 today, March 4 2024 at the AM auction, surpassing the previous record high of $2,078.40 per troy ounce reached in the PM auction on December 28 2023. ow.ly/vqlW50QKFmZ #PreciousMetals
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LBMA and @CMEGroup comment on healthy #gold stocks in New York and London. Read the latest gold market update here - bit.ly/2JtGrNB
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LBMA, RMI @RBAllianceOrg + @RJCJewellery have developed a free training module on the OECD Due Diligence Guidance for Responsible Supply Chains of #Minerals from Conflict-Affected and High-Risk Areas. Watch it here - bit.ly/2Z1sWhK @OECD_BizFin #preciousmetals
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Conference 2018: Frank Amato, Co-Founder of @block5capital , discusses how new technologies such as #Blockchain can help deliver greater integrity to the #gold market. bit.ly/2SIYYbn #LBMA2018
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Keynote speaker Professor Mike Mooiman discussed “why and how #preciousmetals refiners should incorporate #sustainability initiatives into their business practices and also encouraged them to become more involved with the artisanal and small scale mining sector”. #LBMAARC2019
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Check out our latest Clearing Statistics and Vault Holdings data. A number of record highs:
*Record Gold Stocks in London Vaults of over $425 bn
*Record Value of Gold Traded at $46.4 bn and
*Record Volume of Silver Traded at 431.5 mn/oz
bit.ly/2KVx365 #gold #silver
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#artisanalgold miners can provide a huge opportunity, but these small-scale miners are vulnerable and need you to engage. Read the LBMA report bit.ly/ASMreport & share @metalsfocus @artisanal_gold #preciousmetals
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Key focus areas in the #gold market are USD performance, tapering risks and changes in real rates, says Ruth Crowell. Factors include inflation, debt, supply and policy – what can our market experts tell us? #LBMA2021 #silver #platinum #palladium #renewable
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LBMA/LPPM Precious Metals Conference Speaker Programme Launched. Read more here: bit.ly/2vbuGUP #LBMA2018 #preciousmetals
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Gold jewellery accounts for nearly 60% of #global gold demand. A group of #gold industry experts and influencers review the impact of COVID-19 on the gold jewellery supply chain and more! Watch our latest webinar now - bit.ly/2Eeg2UT @RJCJewellery
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LBMA has today announced that the daily average turnover for #gold is $36.9 billion and $5.2 billion for #silver. Read more here: lbma.org.uk/lbma-i
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Back to back +30% growth in OTC #gold trading as the world braces itself for continued record gold price highs. For the first time, investors can access the trade data to assess how liquidity, trading volumes and price action is developing over time. 👉bit.ly/30XaTs3
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Read the latest #gold and #silver stocks held in London vaults (end May 2021). There were 9,499 tonnes of gold valued at $580.1 billion, and 36,440 tonnes of silver, valued at $32.4 billion. bit.ly/2TGHXnY
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Registration is now open! This event aims to promote engagement on the many challenges facing the global #preciousmetals industry regarding #sustainability and responsible sourcing — and to help pave the way for a decade of action. @GOLDCOUNCIL 👉bit.ly/3vfupk7
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LBMA launches its Spotlight on the UAE report, prepared by @MetalsFocus, which explores how the Emirates has increasingly focused on #legislation to improve its #governance across the #gold market. Read the full report now - bit.ly/3vEbYVC #preciousmetals
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The Croesus Stater, produced in Lydia (modern-day #Turkey) in the middle of the sixth century BCE, was the world's first minted #gold #coin. It featured in the BBC's landmark series “A History of the World in 100 Objects.” Find out more here: bit.ly/3ygJGPB
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Read our response to the #PRA, focusing on the application of the Net Stable Funding Ratio (NSFR) and the unintended consequences that the NSFR would have on the #preciousmetals market. @GOLDCOUNCIL 👉bit.ly/3haigFY
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Alchemist 100: Central banks and #gold have a long history together. Gold was treated as money well before the creation of central banks, the modern-day stewards of monetary policy. Read more now - bit.ly/3vPpzXM
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Cheers from the LBMA team! A great day had by all yesterday as we celebrated the LBMA Gold Price Centenary. #happybirthdaygoldprice #goldpricecentenary #gold
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Read the latest #gold and #silver stocks held in London vaults (end August 2021). There were 9,718 tonnes of gold valued at $567 billion, and 36,567 tonnes of silver, valued at $28.3 billion. More information can be found on our website - bit.ly/3lL0bR8 #preciousmetals
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Responsible Sourcing - Sakhila Mirza (General Counsel) and Neil Harby (Chief Technical Officer) discuss LBMA’s Precious Metals Integrity and Provenance initiatives, ensuring the responsible sourcing of #preciousmetals and the protection and integrity of the global supply chain.
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Alchemist 109: Check out this article from our latest issue which examines commodity ‘super cycles’ - where prices move well above or below their long-term trends - and their relationship with #gold and #silver prices. 👉bit.ly/3MfWwI6 #PreciousMetals
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Read the newly released Precious Metals Integrity Brochure and find out how the LBMA achieves its mission to ensure the highest levels of integrity, quality and transparency. - bit.ly/2o1WZRZ #preciousmetals #responsiblesourcing
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#ICYMI: In the spirit of Valentine’s day, there’s enough #gold in the @bankofengland vault to make 1,000,000,000 wedding rings. See the clip again by the BBC here: bbc.in/31EnwYI @BBCNews #ValentinesDay
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Jeremy East, Eastwind Capital, Chief Executive, provides a unique insight into the development of the #Chinese #gold market at the LBMA’s recent Conference in Barcelona. Watch Now: bit.ly/2AQOUET
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Today is your last chance to register for our upcoming Sustainability and Responsible Sourcing Summit, to be held at Hilton London Tower Bridge next week on Monday 28 – Tuesday 29 March, 2022. Register here: bit.ly/3MQeS0w #responsiblesourcing #gold #preciousmetals
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Silver's rally this past week reflected heavily on OTC markets, as LBMA Trade Data showed all instruments trading close to their record highs. Over 3 billion oz of silver was traded last week, making the weekly volumes one of the highest on record. @Nasdaq bit.ly/2MLAzUZ
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Keynote Speech: International Macro-Economic Perspective - China-US trade war will get much worse for longer than people expect since Trump trade war goal is to shift business away from China @AdamPosen @PIIE #LBMA2018
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LBMA announces plans to publish precious metal holdings of London vaults. Read more here:bit.ly/2pcbXYU
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In our latest webinar, @susannah078, @JMLebert at @IMPACTtransform and Luke Fiske, Queen's University discuss how the discourse of risk is perceived and how this can be detrimental to artisanal and small scale mining (ASM). Watch Now: bit.ly/38R5HsH #preciousmetals
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David Gornall, LBMA Senior Advisor, was welcomed by @IBJA1919 to their centenary celebrations in Mumbai. As well as joining a panel discussion, he’s also discussing the potential creation of a central industry body for the Indian #preciousmetals market. #IIBS2019
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#DYK: In the Far East and Middle East it is quite common to see jewellery marked by weight and not price. So that the price of items might fluctuate daily.
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A pilot has been announced by LBMA & World Gold Council for the Gold Bar Integrity Programme to demonstrate how a global, blockchain-backed database can create an immutable record of a #gold bar’s country of origin & chain of custody #GBI @goldcouncil bit.ly/3DixNNa
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Our #webinar speakers - Adrian Ash, David Gornall, and @a_fergal - drilled down into LBMA Trade Data to reveal new insights into the shape, depth, and latest developments in the #OTC precious metals #market!
Watch now! bit.ly/39NrDGu
#gold #trading #preciousmetals
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#DYK: The Bank of England is one of the largest #gold custodians in the world but only own two bars of gold. Read more here: bit.ly/2w4vM5X
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LBMA Executive participated in 'Gold Supply Chain Forum' yesterday and featured in the 'China Gold Market Internationalization Development Forum' today at the China Gold Congress and Expo 2018. bit.ly/2LnHa2n
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Alchemist 89: The Bundesbank’s Gold Holdings By Carl-Ludwig Thiele, former member of the Executive Board of the Deutsche Bundesbank. @bundesbank
bit.ly/2L7CP2G
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Read the latest #gold and #silver stocks held in London vaults (end March 2023). More information can be found on our website: bit.ly/3Mvdzq8 #PreciousMetals
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It’s been a pleasure to attend #APPMC2019 @SBMA1993, lots of interesting content. We’re excited by the interest in LBMA’s responsible sourcing work and the enthusiasm and questions on LBMA Membership. We look forward to returning to Asia for our conference in Shenzhen. #LBMA2019
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Join us on 27 February as a panel of experts discuss the 2023 Precious Metals Forecast survey and tell us what will happen to precious metal prices in the year ahead. Register here: bit.ly/3lxraBJ #PreciousMetals
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On Thursday, 13 May, our speakers from #LBMA, @KotakBankLtd, @GOLDCOUNCIL @IIMAhmedabad discuss Indian #gold demand in light of the #coronavirus outbreak and #AkshayaTritiya.
Login to the MyLBMA Portal to update your email preferences - bit.ly/3tDDkaK
#preciousmetals
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What does a COVID-19 world mean for the global economy and for precious metals? Does #gold retain its place and role as a safe haven? Is anyone in love with #silver? We reunite three inimitable experts in the #preciousmetals space. Watch Now - bit.ly/2XYnjzL
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Join us this Thursday at 12:00PM BST, for a packed session on what’s happening in #silver, the latest #centralbank activity in #gold, how #BaselIII is impacting #preciousmetals trading, plus the effect of #inflation on private-investor flows. 👉bit.ly/3ArOqGQ
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The @RoyalMintUK has produced the largest #gold coin in its 1,100 year history - measuring 20cm wide and 10kg in weight. The coin, described by Mint as a "masterwork" and has a denomination of £10k, took 400 hours to produce, plus 4 days of polishing.
news.sky.com/story/biggest-c…
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London #Gold and #Silver vault data for June 2021 published. Read more now - bit.ly/3dRZTn7 #preciousmetals
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Ruth Crowell, LBMA Chief Executive joins Human Rights at Sea as a new Trustee. Read more here - bit.ly/2Fe5HZy @hratsea
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Watch our latest webinar: Our speakers provide an in-depth overview of what is driving the US physical demand for #preciousmetals. The ETF side of US investor demand and what has driven the record breaking #gold ETF holdings this year. Watch here - bit.ly/3645MKx
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London traded #gold volume has been exceptional, setting a record on 30 July, when 89.36m oz changed hands to a value of some $174bn; over 50% higher in value terms than the previous high. In 2020, this volume has averaged at $62.7 bn per day. @TradeTalks bit.ly/3hSnmUE
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Our speakers from the @SilverInstitute and @MetalsFocus discussed the Silver Market Interim Report and talked about the role and many uses of #Silver.
Watch now - bit.ly/3pLLi0w
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Join us on Monday, 28 November at 3:00PM GMT for our discussion panel on the silver market, where our panel of experts will discuss the state of the #silver market and take questions from the audience. Register here - bit.ly/3V9zyE2 #preciousmetals
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Alchemist 86: Demystifying London’s Gold and Silver Vault Holdings By Neil Harby, LBMA and Joni Teves, UBS - bit.ly/2g4hZar
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Watch LBMA CEO Ruth Crowell at the 14th OECD-OCDE Forum on #Responsible #Mineral Supply Chains in the Forum Opening session, where she discusses how due diligence is moving up the agenda, and what challenges remain. 👉bit.ly/3gH9IGH @OECD_BizFin
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As at end February 2021, there were 9,559 tonnes of gold, valued at $535.6 billion. This equates to approximately 764,741 #gold bars. Read the latest LBMA Clearing and Vault Data - bit.ly/3sJmK9M
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There are numerous ways to invest in gold – coins, bars, mining stocks. In this presentation by Frank Holmes listeners will learn another way to “supercharge” their #gold positions – with royalty and streaming companies. Register Now - bit.ly/2BfzwH4
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LBMA has launched its Spotlight on Silver Investment, a report which explores the key developments in #silver investment over the last 12-18 months. Read the full report now - bit.ly/32dkA6F
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For the third auction in a row, gold continues to settle at new highs, printing at $2,126.25 at this morning’s auction.
Yesterday’s morning and afternoon auctions saw prices reach $2,083.15 and $2,098.05 respectively.
#Gold #Price #PreciousMetals
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LBMA launches its Spotlight on Gold #Recycling report, prepared by @MetalsFocus, which explores recycling’s importance within the broader bullion #market and its influence on the #gold price. Read the full report now - bit.ly/37O2Hl7 #preciousmetals
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On Tuesday, 19 April at 2:30PM BST, Caroline Braibant & @emmy_richardson (#LBMA) speak on #REACH obligations on organisations who manufacture or import physical material into the UK and the EU.
Register for the webinar here - bit.ly/3EaGHNf
#gold #preciousmetals
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#Platinum saw a decline of 10.38% compared to the previous week. #Gold’s 21.05% increase was driven by an increase in spot and option transactions. #Silver’s weekly volume grew by just 2% and #Palladium's volumes rose 7.14%. ow.ly/meBa50QSsPw @nasdaq
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Alchemist 99: COVID crushed #silver prices to a new record low against #gold, spurring a surge of investment demand. @bullionvault 's Adrian Ash considers whether there remains an investment opportunity and explores what the gold/silver ratio tells us. bit.ly/3amgjDl
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The future of the gold market starts with gold bar integrity – watch to discover our vision for bringing transparency to the gold supply chain using state of the art blockchain technology. Learn more: bit.ly/3L7Dgu0 @GOLDCOUNCIL #Gold247
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“This is a major advance in furthering transparency for the common good of the gold industry.” Read more from our CEO Ruth Crowell on the Gold Bar Integrity Programme, announced with @goldcouncil, in this @business article: bloomberg.com/news/articles/…
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Rhona O’Connell @REOC13 Head of Market Analysis, EMEA & Asia Regions, @INTLFCStone shares her comments on the Gold Price Centenary. #goldpricecentenary #gold
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What Have We Learned from the 2008 Financial Crisis? An interview at the 2018 Conference with Michael Silva, Partner, Chair, U.S. Financial Services Regulatory Practice, @DLA_Piper . Watch now: bit.ly/2KmP8cq #LBMA2018
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Read the latest LBMA Market Review. Gains in both the #gold and #silver price in Q4 2021 offset, but did not reverse, negative performance through the year. Find out more here: bit.ly/3zVPRLa #preciousmetals #market
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Read the latest LBMA clearing #data for February 2023 here: bit.ly/40x3op8 #Gold #Silver #PreciousMetals
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Putting their #bakeoff skills to the test LBMA staff baked an array of #cakes over the weekend and then held a cake sale in the office yesterday to raise money for @macmillancancer. The stakes were raised, the cakes were raised and LBMA raised £125 for charity.
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OTC Guide bite-size series: This week focuses on Options and Precious Metal
Benchmarks - bit.ly/2Nq7sBF
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It has been announced that, due to the state funeral of Her Late Majesty Queen Elizabeth II, Monday, 19 September 2022 will now be a UK bank holiday. Therefore, the London market will be closed and there will be no metal settlements in the UK on that day.👉bit.ly/3xgeq5B
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LBMA concludes that there is good global refining capacity: read the latest update here - bit.ly/2WIRV81 #gold
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What's happening in the market? The latest LBMA #PreciousMetals Market Report reveals how the principal drivers of the gold price in Q2 2023 were fears of recession, and the Federal Reserve’s attempts to curb inflation. Read the full Report here: bit.ly/44F8AsI
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Join our speakers next week! They'll be digging into the Trade Data to reveal new insights into what the data can tell us about the shape, depth, and latest developments in the OTC #preciousmetals market. Register now - bit.ly/3nV0x5v
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Only 1 MORE DAY TO GO before Conference launch! LBMA Team are looking forward to meeting you. bit.ly/2zo7iV9 #LBMA2017
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Join us in 15 minutes to hear about how digital gold can be used as a payment tool. Register here - bit.ly/3bSpn2Z
#preciousmetals #digitalgold
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