What are “Good Delivery Standards” bullion bars?
bullion bars are cast by a small group of metals refiners accredited by the professional bullion dealing communities in London (London Bullion Marketing Association or LBMA), New York Commodities Exchange (COMEX) and London Platinum Palladium (LPPM). They are accurately assayed and guaranteed always 99.5% pure gold or better, 99.9% pure silver or better and 99.95% pure platinum or better. In the case of gold and platinum, the market trades the bar’s pure metal content, known as fine ounces, so you don’t pay for the impurities whereas silver includes impurities in the weight of the bar. From the day they are manufactured, Good Delivery Standards bars are kept in bullion vaults recognized and monitored by the gold dealing community. The same standard applies for silver and platinum. Whenever the bullion bars are moved, a record is maintained showing continuous storage through trusted hands. This audit trail or chain of integrity, guarantees the bar’s authenticity and becomes key to assur
