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LBMA's new database for gold bars will be mandatory for listed refineries from 2027
old refineries accredited by the London Bullion Market Association will be required to provide data to a digital platform from 2027 to increase transparency in the industry, the association's head said on Monday. The LBMA, which oversees London's over-the-counter gold trading hub, the world's largest, is pushing the market for more transparency as the gold price has risen 55% this year, and hit a record high of $4 381 a troy ounce on October 20, with broader concerns about US tariffs adding to overall turbulence. "We will have voluntary periodic reporting from January next year, moving to mandatory in ... (full story)
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- Oct 27, 2025 10:16am Posted byMetals Industry622
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