FAQ – The Precious Metals Market

What is the Primary Bullion Market?

What is the London Bullion Market Association?

What are LBMA “Good Delivery Standards”?

What is a Good Delivery Bar?

What Does “Chain Of Integrity” Mean?

Why Is It Important To Have ‘Good Delivery Standards’ Bullion Ownership?

What is the Spot Market Price?

What is the London Gold Fixing?

Which Banks Are The Members Of The London Gold Fixing?

What Is The Procedure For Arriving At The Fixing Price?

How Is The Fixing Used In The Market?

What is Gold’s Historical Significance?

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