The London Bullion Market Association (LBMA) is the international wholesale market and standards body for physical and spot trading of precious metals—primarily gold and silver, along with platinum-group metals—providing Good Delivery accreditation, vaulting standards and responsible sourcing frameworks. As the global hub for bullion, London plays a central role in price discovery and settlement, and LBMA standards underpin much of international trade. Trading is largely conducted OTC during London business hours rather than on a 24/7 exchange, with LBMA-related benchmark price auctions for gold and silver held twice daily (Europe/London time).
| Commodity | Price | % |
|---|---|---|
|
Ag
Silver
Ag
|
$0.0127
26 Feb
|
↑
0.000%
|