Gold and Silver Holdings in London Vaults Decrease, Reports LBMA

 

According to data from the London Bullion Market Association (LBMA), both gold and silver holdings in London vaults have experienced a slight decline as of the end of February.

• Gold Holdings: The total amount of gold held in London vaults was 8,477 metric tons, reflecting a 0.68% decrease from the previous month.

• Silver Holdings: The total amount of silver held in these vaults was 22,462 tons, marking a 4.5% decline compared to January’s figures.

The LBMA, a leading authority in the global precious metals market, regularly updates the quantities of gold and silver held in London vaults.