What Good Delivery Means for Gold Bars
The Good Delivery standard is a set of strict specifications for gold bars accepted in the London over-the-counter market, ensuring quality and facilitating global trade.
Gold Market
Tagged: LBMA
Understanding the LBMA Gold Price Auction and Its Difference from Spot Price
The LBMA Gold Price auction is a twice-daily benchmark-setting process, distinct from the continuously fluctuating spot price of gold.
How the London gold benchmark is set, and why it matters
Twice a day, a short electronic auction produces the number that prices most of the world's physical gold. Here is how it works.