Why LBMA is Important

Why LBMA is Important

The London Bullion Market Association (LBMA) is the world's independent precious metals authority and standards setter, ensuring that the precious metals market remains trustworthy. By pushing standards and providing market solutions, their objective is to guarantee the global precious metals business has the most extraordinary levels of leadership, integrity, and transparency.
LBMA has roughly 150 member firms spread over more than 20 nations. Because we are the precious metals industry's worldwide recognized standards setter, adherence to LBMA standards is essential for anybody intending to participate in this market. MMTC-PAMP has fulfilled the LBMA's strict criteria throughout the precious metals manufacturing cycle.