LBMA Silver Vault Holdings
Physical silver stored in LBMA-approved London vaults
About LBMA Silver Vault Holdings
LBMA silver vault holdings represent the total silver stored in London's approved custodian vaults. London is the center of the global OTC silver market, with the LBMA Silver Price set daily. Silver vault holdings are influenced by ETF flows, industrial demand, and investment appetite. Changes in London silver stocks can indicate broader shifts in the global silver market.
Frequently Asked Questions
- How much silver is stored in London vaults?
- London LBMA-approved vaults hold over a billion troy ounces of silver, making it one of the world's largest concentrations of physical silver. This silver backs the OTC trading market and ETF holdings.
- What drives changes in London silver vault holdings?
- London silver vault holdings change due to ETF inflows/outflows (such as iShares Silver Trust), industrial demand from the UK and Europe, and shifts in global silver flows. Silver leaving London vaults for COMEX or Asian markets can indicate changing supply dynamics.
- How does LBMA silver compare to COMEX silver?
- LBMA London vaults and COMEX (New York) are the two largest Western silver storage locations. LBMA operates as an OTC market while COMEX is a futures exchange. Traders compare both to understand total Western silver supply and demand patterns.