LBMA Good Delivery List

What is the LBMA Good Delivery List?

A set of guidelines for producing gold and silver bars used in the wholesale market is known as the LBMA Good Delivery List. The London Bullion Market Association, also known as LBMA, is a global trade organization that represents the wholesale over-the-counter gold and silver bullion market. The requirements that gold and silver bars must fulfill in order to be accepted for delivery in settlements in the London bullion market are outlined in the LBMA Good Delivery List. In order to preserve integrity and confidence in the international gold and silver markets, the LBMA Good Delivery List is essential. All of the world's vaults and participants in the main international bullion markets accept bars that meet these standards.

You can read more about the LBMA Good Delivery list here.