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Good Delivery gold bar weighing 12.4 kilograms (400 ozt) Good Delivery silver bar weighing 31.1 kilograms (1,000 ozt) The Good Delivery specification is a set of rules issued by the London Bullion Market Association (LBMA) describing the physical characteristics of gold and silver bars used in settlement in the wholesale London bullion market. [1]
In June 2020, ABC Refinery was accredited by the CME Group. The accreditation saw ABC Refinery bars added to the COMEX good delivery list of brands used to physically settle against the GC gold futures contract in New York. [21] In July 2020, AE Metals, AGS| PJW, Regentco and Palloys amalgamated under the Palloys brand name.
The London Gold Market was also responsible for Good Delivery accreditations and the maintenance of the Good Delivery List. LBMA was established in 1987 in recognition by the Bank of England of the need for an independent body to oversee the custody, maintenance and regulation of the Good Delivery List, separate from the London Gold Market ’s ...
The bulk of global trading in gold and silver is conducted on the over-the-counter (OTC) market. London is by far the largest global centre for OTC transactions followed by New York, Zurich, and Tokyo. Exchange-based trading has grown in recent years with Comex in New York and Tocom in Tokyo generating most of the activity.
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COMEX: SI Other. Commodity Contract size Currency Main exchange; Palm Oil: 1000 kg: ... List of Commodity Delivery Dates on Wikinvest "yahoo finance commodities"
“Good. Long overdue because the US has been getting crapped on for long enough,” Dick Schussler, 69, a retired mechanic, told The Post. “It’s leveling the playing field. They’ve already ...