London Bullion Market Association

The London Bullion Market Association (now known simply as LBMA), established in 1987, is the international trade association representing the global Over The Counter (OTC) bullion market, and defines itself as "the global authority on precious metals". As of 2026, it lists 89 Full Members, 93 Affiliate Members and 12 Market Makers across 27 countries, including traders, refiners, producers, miners, fabricators, as well as those providing storage and secure carrier services.

Source: Wikipedia — London Bullion Market Association (CC BY-SA 4.0)