Accredited refiners of GOLD
To be accepted onto the Good Delivery List refiners must undergo stringent checks on their:
History in the market
Financial standing
Ability to produce bars that meet our exacting standards
Minimum levels of production.
They must implement LBMA’s Responsible Gold and/or Responsible Silver Guidance. See the Good Delivery Rules for further information. Refiners accepted onto the Good Delivery Lists commit to:
Adhering to LBMA’s Responsible Sourcing Programme
Producing bars which meet LBMA Good Delivery Rules
Shipping to approved vaults in London.
Once accepted into a London vault as Good Delivery, bars are then traded freely between institutions within the market.
SOURCE: London Bullion Market Association
