What is the LBMA Good Delivery List?

Good Delivery Lists are lists of gold and silver refiners who are accredited by the LBMA to supply gold and silver bars into the London market. Refineries must produce bars which satisfy high standards in terms of purity, quality and physical appearance.

What does LBMA stand for?

The London Bullion Market Association
The London Bullion Market Association (now known simply as LBMA), established in 1987, is the international trade association representing the global Over The Counter (OTC) bullion market, and defines itself as “the global authority on precious metals”.

What is LBMA certified?

It ensures you that you receive gold bullion from a trustworthy supplier. LBMA approved gold bars have the following guarantees: Purity: contain gold with a purity of 99.99 % (999.9). Quality: manufactured according to high and rigorous standards.

Is Nadir silver good?

Nadir Metal Refinery Silver Cast Bar Nadir Metal Refinery (Nadir), is one of the world’s most trusted and popular brands of LBMA good-delivery refiners in Turkey. Headquartered in Istanbul, Turkey, it is considered by many to be one of the most reliable processors of Precious Metals internationally.

Is Royal Mint LBMA approved?

The Royal Mint produces high quality, LBMA approved gold and silver bullion, at a fineness of 916.7 (22ct) or higher.

Is Apmex a reputable company?

Overview. APMEX has a consumer rating of 3.44 stars from 25 reviews indicating that most customers are generally satisfied with their purchases. APMEX ranks 16th among Gold sites.

What is LBMA and Comex?

Specific contract prices from the Commodity Exchange Inc. (COMEX), London Bullion Market Association (LBMA) and Shanghai Gold Exchange (SGE) were utilized.

Who regulates the LBMA?

ICE Benchmark Administration
Benchmarks. The LBMA Gold Price and LBMA Silver Price are the global benchmark prices for unallocated gold and silver delivered in London. Both the Gold and Silver Prices are regulated Commodities Benchmarks under the EU Benchmarks Regulation. The Prices are administered by ICE Benchmark Administration.

How do you get LBMA accreditation?

Been in existence for at least five years and been refining the metal for which you are applying for Good Delivery status for not less than three years. An established annual refining production (which need not be in the form of standard bars) of not less than 10 tonnes for gold, or not less than 50 tonnes for silver.

Does APMEX sell fake?

This is an issue we take very seriously here at APMEX. Counterfeit coins and bars have been passed off as legitimate for more than a decade.

What is the best company to buy silver from?

Best Places to Buy Gold and Silver Online

  • APMEX.
  • Silver Gold Bull.
  • JM Bullion.
  • Money Metals Exchange.
  • SD Bullion.
  • Golden Eagle Coins.
  • Kitco.
  • Silver.com. Based in Dallas, Silver.com is an exclusively online retailer of silver, gold and other precious metals.