London Bullion Market Association Good Delivery standard

E914646

The London Bullion Market Association Good Delivery standard is a globally recognized specification that defines the required quality, weight, and physical characteristics for gold and silver bars accepted for settlement in the professional bullion market.

All labels observed (4)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf bullion bar standard ⓘ
commodity market standard ⓘ
gold bar specification ⓘ
silver bar specification ⓘ
administeredBy London Bullion Market Association Executive Committee ⓘ
appliesTo gold bars ⓘ
silver bars ⓘ
associatedList LBMA Good Delivery List ⓘ
complianceRequires participation in LBMA proficiency testing ⓘ
provision of assay samples to LBMA ⓘ
regular monitoring of accredited refiners ⓘ
definedBy London Bullion Market Association ⓘ
defines acceptable weight range for gold bars ⓘ
acceptable weight range for silver bars ⓘ
appearance requirements for Good Delivery bars ⓘ
assay requirements for Good Delivery bars ⓘ
dimensions of Good Delivery bars ⓘ
markings required on Good Delivery bars ⓘ
packaging and handling requirements for Good Delivery bars ⓘ
permitted manufacturing methods for Good Delivery bars ⓘ
required fineness of gold bars ⓘ
required fineness of silver bars ⓘ
ensures interchangeability of bullion bars between market participants ⓘ
minimum quality for bars accepted in settlement ⓘ
geographicFocus London bullion market ⓘ
includes criteria for refiner compliance and responsible sourcing ⓘ
criteria for refiner financial standing ⓘ
criteria for refiner production capacity ⓘ
criteria for refiner technical competence ⓘ
influences other international bullion bar standards ⓘ
marketRole reference standard for central bank gold holdings ⓘ
reference standard for large institutional bullion holdings ⓘ
monitoredBy LBMA Good Delivery Committee ⓘ
objective facilitate efficient settlement of bullion trades ⓘ
promote integrity of the bullion market ⓘ
reduce counterparty and quality risk in bullion transactions ⓘ
standardize physical characteristics of bullion bars ⓘ
recognizedAs global benchmark for bullion bar quality ⓘ
relatedTo LBMA Responsible Gold Guidance ⓘ
LBMA Responsible Silver Guidance ⓘ
requires refiners to be accredited to the LBMA Good Delivery List ⓘ
scope professional bullion market ⓘ
wholesale over-the-counter bullion market ⓘ
usedFor delivery against bullion contracts in the professional market ⓘ
settlement of loco London bullion transactions ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Rand Refinery → compliesWithStandard → London Bullion Market Association Good Delivery standard ⓘ
Good Delivery gold bars → hasStandard → LBMA Good Delivery List ⓘ
linked to: London Bullion Market Association Good Delivery standard
Good Delivery gold bars → qualityControlledBy → LBMA Good Delivery Rules ⓘ
linked to: London Bullion Market Association Good Delivery standard
Good Delivery gold bars → producedBy → LBMA Good Delivery refiners ⓘ
linked to: London Bullion Market Association Good Delivery standard