Accreditation and "Good Delivery"
There are approx. 125 active gold refiners Globally who manufacture Bullion that is accepted as “Good Delivery” by one or more of the following Associations and Exchanges:
London Bullion Market Association (LBMA) Website
CME Group (COMEX) Website
Tokyo Commodity Exchange (TOCOM) Website
Dubai Multi Commodities Centre (DMCC) Website
BM&FBovespa, São Paulo (BM&F) Website
Istanbul Gold Exchange (IGE) Website
Multi Commodity Exchange of India Ltd (MCX) Website
Shanghai Gold Exchange (SGE) Website
The Chinese Gold & Silver Exchange Society, Hong Kong (CGSE) Website
The Importance of the LBMA List of Refiners
The list of Refiners published by the London Bullion Market Association (LBMA) has more than 70 active Refiners in 30 Countries and is recognised as the most important list of Refiners for the international Bullion Market.
LBMA Accredited Refiners are automatically accepted as "Good Delivery" by: IGE, LMX, SGE and CGSE. The DMCC has a separate category for LBMA Accredited Refiners.
Central Bullion Investment Bullion Bars are manufactured 'only' from precious metals supplied from LBMA accredited Refiners.