Good Delivery gold bars
E914645
Good Delivery gold bars are large, high-purity gold bullion bars that meet the London Bullion Market Association’s stringent standards for weight, fineness, and appearance, making them acceptable for settlement in major international gold markets.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
gold bullion bar
ⓘ
precious metal investment product ⓘ |
| acceptedBy |
central banks
ⓘ
large institutional investors ⓘ major bullion banks ⓘ |
| hasAdvantage |
high liquidity in international markets
ⓘ
recognized quality assurance ⓘ reduced need for re-assay in trade ⓘ |
| hasAppearanceRequirement |
must be free from excessive surface defects
ⓘ
must be of good workmanship ⓘ |
| hasDimensionCharacteristic |
standardized length range
ⓘ
standardized thickness range ⓘ standardized width range ⓘ |
| hasFaceMarking |
fineness
ⓘ
refiner’s assay mark ⓘ unique serial number ⓘ weight ⓘ year of manufacture ⓘ |
| hasForm | rectangular bar ⓘ |
| hasMarketRole |
benchmark form of wholesale gold
ⓘ
standard unit for large gold transactions ⓘ |
| hasMaterial | gold ⓘ |
| hasPurityRequirement | minimum 995 parts per thousand gold ⓘ |
| hasRequirement |
must be produced by LBMA-accredited refiners
ⓘ
must meet LBMA standards for appearance ⓘ must meet LBMA standards for assay ⓘ must meet LBMA standards for dimensions ⓘ must meet LBMA standards for marking ⓘ must meet LBMA standards for weight tolerances ⓘ |
| hasStandard | LBMA Good Delivery List NERFINISHED ⓘ |
| hasTypicalPurity | approximately 999.9 parts per thousand gold ⓘ |
| hasTypicalWeight |
approximately 12.5 kilograms
ⓘ
approximately 400 troy ounces ⓘ |
| hasWeightRange | 350 to 430 troy ounces ⓘ |
| producedBy | LBMA Good Delivery refiners NERFINISHED ⓘ |
| qualityControlledBy | LBMA Good Delivery Rules NERFINISHED ⓘ |
| regulatedBy | London Bullion Market Association NERFINISHED ⓘ |
| storedIn |
LBMA-approved vaults
ⓘ
central bank vaults ⓘ professional bullion vaults ⓘ |
| subjectTo |
LBMA Good Delivery accreditation procedures
ⓘ
LBMA Proactive Monitoring Programme NERFINISHED ⓘ periodic LBMA monitoring ⓘ |
| tradedOn |
London bullion market
NERFINISHED
ⓘ
over-the-counter gold markets ⓘ |
| usedFor |
central bank gold reserves
ⓘ
settlement in international gold markets ⓘ vaulted gold storage ⓘ wholesale gold trading ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.