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LBMA & COMEX: Understanding Their Role in Precious Metals Markets
Understanding the differences between LBMA and COMEX is essential for precious metals investors. The London Bullion Market Association (LBMA) sets global Good Delivery standards for wholesale gold and silver, ensuring high purity, weight, and authenticity. The Commodity Exchange (COMEX), part of the CME Group, regulates futures contracts and defines physical delivery standards for gold and silver bars. This article explores how these two institutions impact bullion trading, investment security, and market liquidity, helping investors make informed decisions when buying or storing gold and silver bullion.