Inclusion on the LBMA Good Delivery List is not merely a technical detail; it is the metal’s international passport.
the bar’s identifier.
Generally 999.9/1000 for investment gold.
The choice of size responds to different asset management needs:
These offer the advantage of fractional liquidity. They make it possible to mobilise only part of the capital, if necessary, without having to sell the entire holding.
these reduce the “spread” (the difference between the purchase price and the sale price) and are ideal for storing large amounts of capital, optimising production and custody costs.
The distinction between an “allocated” and an “unallocated” deposit is fundamental for subscriber security:
The client is the legal owner of specific physical bars, identified by assigned serial numbers. The gold does not appear on the balance sheet of the custodian company; should the latter encounter financial difficulties, the gold would remain the exclusive property of the client.
covers the market value of the metal against theft or loss, offering superior protection for private owners.
