What is the purpose of the Gold Bar Integrity Database?

The Gold Bar Integrity Database aims to improve transparency in the precious metals market by holding refiner data and vault holdings data digitally.

Who is responsible for the technology behind the new database?

The database utilizes distributed ledger technology provided by a firm named aXedras.

How many refiners are currently on the LBMA's good delivery list?

The LBMA's good delivery list includes 66 gold refiners and 82 silver refiners worldwide.

What benefits does the new platform provide according to LBMA CEO Ruth Crowell?

The platform offers faster, more secure data collection and processing, along with the ability to automate risk identification and flag potential issues quickly.

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Home > Finance > London bullion association launches digital database for gold bars

Finance

London bullion association launches digital database for gold bars

Published by Global Banking & Finance Review®

Posted on January 29, 2025

1 min read

Last updated: January 27, 2026

Digital database interface for gold bars launched by the London Bullion Association - Global Banking & Finance Review — The image illustrates the digital database interface for tracking gold bars, launched by the London Bullion Market Association to enhance market transparency and security in precious metals trading.

London bullion association launches digital database for gold bars

Quick Summary

LBMA Introduces Digital Gold Bar Database for Enhanced Market Transparency

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Frequently Asked Questions about London bullion association launches digital database for gold bars