Risks for $1 trillion-a-week gold market as rule-setter LBMA fights for survival
Oct 05 2026 03:20 UTC - Eamonn Sheridan
The rule-setter for London's $1 trillion-a-week gold market faces a London court fight that insiders fear could leave it insolvent, putting at risk its Good…
➤ The London Bullion Market Association (LBMA), the rule-setter for the $1 trillion-a-week gold market, faces a critical lawsuit over alleged violence at Tanzania's North Mara mine.
➤ A loss could lead to insolvency for the LBMA, potentially disrupting the Good Delivery List, which underpins the fungibility and trading of gold bars globally.
➤ The case raises structural risks for the bullion market, including supply-chain scrutiny and potential precedent for similar claims against other commodity market standard-setters.
Read more at: https://rwatimes.io/articles/investinglive-risks-for-1-trillion-a-week-gold-market-as-rule-setter-lbma-fights-for-survival-112588433?utm_source=binance
Oct 05 2026 03:20 UTC - Eamonn Sheridan
The rule-setter for London's $1 trillion-a-week gold market faces a London court fight that insiders fear could leave it insolvent, putting at risk its Good…
➤ The London Bullion Market Association (LBMA), the rule-setter for the $1 trillion-a-week gold market, faces a critical lawsuit over alleged violence at Tanzania's North Mara mine.
➤ A loss could lead to insolvency for the LBMA, potentially disrupting the Good Delivery List, which underpins the fungibility and trading of gold bars globally.
➤ The case raises structural risks for the bullion market, including supply-chain scrutiny and potential precedent for similar claims against other commodity market standard-setters.
Read more at: https://rwatimes.io/articles/investinglive-risks-for-1-trillion-a-week-gold-market-as-rule-setter-lbma-fights-for-survival-112588433?utm_source=binance