LBMA Gold Vault Holdings
Physical gold stored in LBMA-approved London vaults
About LBMA Gold Vault Holdings
LBMA gold vault holdings represent the total gold stored in London's seven approved custodian vaults. London is the global hub for over-the-counter gold trading, with the LBMA Gold Price set twice daily. The Bank of England, as the largest custodian, holds gold on behalf of over 70 central banks and numerous commercial institutions. Changes in London vault holdings are closely watched as a barometer of Western institutional gold demand and global metal flows.
Frequently Asked Questions
- How much gold is stored in London vaults?
- London vaults collectively hold hundreds of millions of troy ounces of gold, making it the world's largest concentration of above-ground gold. The Bank of England alone is one of the largest gold custodians globally, holding gold on behalf of central banks and commercial institutions.
- Who stores gold in London LBMA vaults?
- London vault gold belongs to central banks, sovereign wealth funds, ETFs (such as SPDR Gold Shares), commercial banks, and institutional investors. The seven LBMA-approved custodians are: Bank of England, JP Morgan, HSBC, ICBC Standard Bank, Brink's, Malca-Amit, and Loomis.
- Why does London gold vault data matter for traders?
- Changes in London vault holdings can signal shifts in global gold flows. For example, gold leaving London for COMEX warehouses or Asian markets indicates changing demand patterns. Traders also compare London vault data with COMEX registered inventory and Shanghai Gold Exchange withdrawals for a complete picture.