LBMA
London Bullion Market Association
Overview
LBMA (London Bullion Market Association) is the international trade association for the global OTC (Over the Counter) bullion market for precious metals. The market is physically located in London, but the participants and clients are located worldwide.LBMA works with miners, investors, fabricators, ETFs, refiners, manufacturers, consumers and central banks from around the world. In addition to acting as the voice of the world’s precious metals market, LBMA is the contact point for regulators, investors and clients.
Gold, silver, platinum and palladium price auctions take place daily in London and LBMA publish prices with a delay to midnight London time on the day they are set.
The LBMA Gold Price is set twice daily (at 10.30am and 3pm London time) in US dollars per fine troy ounce of 995 gold. The price of silver is set each business day at 12:00 (London time) in US dollars per 999 (three nines) fine ounce. The LBMA Platinum and Palladium Prices are independently administered. The prices are set twice daily at 09:45 and 14:00 (London time) in US dollars per 9995 (three nines five) fine ounce. Sterling and euro prices are available, but these are indicative prices for settlement only.
For more information, visit: https://www.lbma.org.uk/
Datasets
LBMA_ME_AUC
LBMA Precious Metals Spot Auction Prices
Schedule
Proces is scheduled to collect end of day updates at 16:00hours GMT on business days.
Sample File
Sample file for LBMA Gold Auction Spot Price
Type
The data is stored as #Metals.
Data ID and Name
Example data id and name:
| Data Id | Name |
|---|---|
| LBMA.ME.LDN.AU_USD.DAILY | LBMA Metals Spot Auction Gold Prices USD Daily |
| LBMA.ME.LDN.AU_USD.MONTHLY | LBMA Metals Spot Auction Gold Prices USD Monthly |
Attributes
| Name | Value |
|---|---|
| Source | LBMA |
| Source Name | Minneapolis Grain Exchange Agriculture |
| Dataset | LBMA_ME_AUC |
| Dataset Name | LBMA Precious Metals Spot Auction Prices |
| Currency | USD |
| Unit | OZT |
| Market | Auction |
| Commodity | Metals |
| Product | Auction Prices |
| Location | London |
| Region | United Kingdom |
| Quote Calendar | HENG |
Validation
Data is validated for missing data points using HENG calendar for expected absences.
Licensing
End of day data is freely available in the vendor website and can be used by clients without permissions from LBMA.