London Good Delivery 400 oz Bars
Bar Weight: 400 troy ounce(s)(1troy ounce=31.10348grams)
Purity: Minimum gold purity: 99.5%
Country or Area: United Kingdom
London Good Delivery (LGD) bars contain approximately 400 troy ounces (12.5 kg) of fine gold.These large bars underpin gold dealing in the loco-London bullion market ¨C the world's most important physical gold market
Most new LGD bars are produced by LBMA-accredited refiners from newly-mined gold. They are also produced by LBMA-accredited refiners from old gold scrap and non-accredited bars where there is a need for their customers to trade large quantities of gold on the international market.