1 OZ GOLD BAR LBMA BRANDS
- SKU: 1GL
- Categories: BULLION GOLD BARS
LBMA stands for the London Bullion Market Association, which is an international trade association that represents the global over-the-counter (OTC) market for gold and silver. LBMA brands refer to gold bars that have been produced by refiners that are accredited by the LBMA.
A 1 oz gold bar refers to a gold bar that weighs one troy ounce, which is equal to approximately 31.1 grams. These bars are popular among individual investors and collectors who wish to own physical gold in a convenient and relatively small form.
LBMA-accredited gold bars are highly regarded in the industry due to the association's rigorous standards and the refiners' adherence to good delivery practices. These bars typically carry the hallmark or logo of the refiner, along with other relevant information such as the bar's weight, purity, and a unique serial number.