What is LBMA price?

What is LBMA price?

“GOLD–LBMA PRICE-AM” means that the price for a Pricing Date will be that day’s morning London Gold price per troy ounce of Gold for delivery in London through a member of the LBMA authorized to effect such delivery, stated in U.S. Dollars, as calculated and administered by independent service provider(s), pursuant to …

Is valcambi Suisse gold good?

Valcambi Suisse is one of the oldest Swiss refineries, well known for its innovative and high-quality bars. The Valcambi Suisse 1 oz bars are perfect for investors due to the bars high turnover rate. With . 9999 fine gold and an assay card, this bar will retain and appreciate its value based on market movements.

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 is the LME price of gold?

LME Gold Closing Prices

Contract Price
Spot 1871.50
Month 1 1871.50
Month 2 1872.50
Month 3 1873.90

What is the current price of gold per kilogram?

Live Gold Price

Live Gold Price Gold Spot Price Today
Gold Price per Gram $59.56 €55.76
Gold Price per Kilo $59,555 €55,755
Gold Price per Ounce $1,852.37 €1,734.17
2 June 2022, 02:08:22 (GMT-07:00)

What is LBMA approved gold?

A LBMA gold bar is simply a gold bar manufactured by a refiner listed in the Good Delivery list (= LBMA approved refiner). Therefore, a LBMA gold bar is a bullion bar manufactured with the same quality standards as a Good Delivery bar.

Does the LME trade gold?

At the height of its popularity, over 3 million ounces of gold traded each week through the LME’s main contract. That’s dwarfed by the over ten million ounces a day that typically trade on the OTC spot market, according to data from London Bullion Market Association.