What does the LBMA Gold Price measure?
Understand the reference before comparing it with a live spot quote or a finished product.
Read the source note →Understand the price. Explore the market.
See what an ounce of gold really means.

A spot quote, a benchmark and the price of a finished gold bar tell you different things. Start by knowing which one you are looking at.
Find your price reference →Convert ounces to grams. Adjust purity. Separate the metal value from a product’s premium.
Open the calculatorTransparent assumptions.
No invented live quotes.
Understand the reference before comparing it with a live spot quote or a finished product.
Read the source note →Currency, unit, timing and data rights matter as much as the number itself.
Explore the methodology →Explore the World Gold Council’s demand research and its published methodology.
Explore demand research →This independent platform concept brings price education, transparent calculations and source-led research together.
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