London Good Delivery

London Good Delivery refers to a set of standards and specifications established by the London Bullion Market Association (LBMA) to govern the essential characteristics of gold and silver used for settlement in the London Bullion Market. These guidelines cover various aspects such as the accurate weighing, secure packaging, and reliable delivery of gold and silver bars. Additionally, the London Good Delivery framework outlines the specific requirements and quality standards that refineries must meet to be considered approved by the LBMA.