LBMA-i OTC Gold Market $36.9 Billion

  • 20/11/2018

LBMA has today announced that the daily average turnover for gold is $36.9 billion and $5.2 billion for silver. These numbers represent all LBMA Market Makers’ and some Full Members’ share of the Loco London and Loco Zurich OTC market.  Data is currently displayed as an average over a business calendar week, and will be released each Tuesday for the previous week.  We will move towards daily reporting in 3 months time.  

LBMA Announce Launch Date for Publication of Market Data

  • 29/10/2018

LBMA have today announced the launch date of 20 November 2018 to publish their precious metals market data through their trade reporting service, LBMA-i. The announcement will cover LBMA’s membership share of the loco London and loco Zurich OTC market and will reflect 5 day aggregate of trade data, with the intention of moving to daily reporting three months later.  All LBMA Full Members, who trade in the precious metals markets, are expected to report trade data to the LBMA-i. 

LBMA-i shortlisted for Breakthrough Solution of the Year award by S&P Global Platts

  • 23/03/2018

LBMA-i is in the finals of the S&P Global Metals Awards 2018 in the category Breakthrough Solution of the Year.

LBMA-i is the trade reporting service for the bullion market, delivered by Simplitium in partnership with Autilla. The service was formed in direct response to London Bullion Market Association’s (LBMA’s) demand for a cost-effective and simplified reporting vehicle that improves the transparency, generates liquidity and meets regulatory demand in the bullion market. To achieve this, the service collates anonymous and aggregated data from LBMA members and will begin publishing the total volumes traded in Q2 2018.

LBMA 2018 Precious Metals Forecast Survey Debate

  • 31/01/2018

Following yesterday’s launch of the LBMA’s 2018 Precious Metals Forecast Survey, the LBMA hosted a debate on precious metal prices during 2018.  Jon Spall, LBMA Senior Advisor and of G-Cubed Metals, moderated the debate between Rhona O’Connell,  Head of Metals, Commodity Research and Forecasts, Thomson Reuters GFMS and Tom Kendall, Head of Precious Metals Sales, ICBC Standard Bank. Listen to the debate here

LBMA 2018 Precious Metals Forecast Survey Published

  • 30/01/2018

Strongly divergent views dominate this year’s forecasts with the 34 analysts divided on the paths that precious metal prices will take in 2018. Opinions differ as to the level of US real interest rates, the likely impact of geopolitical factors and the pace of global economic growth. LBMA contributors are divided as to what will have the greater impact and hence they have received forecasts for gold as high as $1,510 and as low as $1,120 and it’s a similar story for the other metals. Read the full survey here

LME WEEK 2017: Metals after MiFID II

  • 01/11/2017

You’ve heard your broker talk about MiFID II but what does it mean for you and other industrial users wanting to hedge metals price risk?

LBMA-i mentioned in World Gold Council's 'Gold Investor' Magazine

  • 23/10/2017

Ruth Crowell, chief executive of the LBMA, discusses the importance of bringing transparency to the OTC precious metals market and how LBMA-i is striving to achieve this. Read the article titled 'LBMA – Delivering transparency and integrity' in the September 2017 edition of the 'Gold Investor'.