← All terms
Tokenized Gold
LBMA (London Bullion Market Association)
Governing body for global gold + silver standards + benchmark pricing
What is LBMA (London Bullion Market Association)?
Sets the daily LBMA Gold Price (London 10:30/15:00 GMT auctions). PAXG vaults must be LBMA Good Delivery — meaning bars must meet purity, weight, and supplier standards.
Context anchor
PAXG's vault standard.