The London Gold Market is the largest gold market in the world. Trading volumes are huge, yet the workings of the market remain opaque to the outside world. This infographic from BullionStar guides you through London’s secretive OTC wholesale gold market by illuminating trading volumes, the fractionally reserved nature of paper gold trading in London, and the dominance of London versus other major gold markets.
London is also the storage location for 6500 tonnes of central bank and ETF owned gold in a network of gold vaults run by LBMA bullion banks and the Bank of England. The infographic visually profiles these vaults and their operators. Finally, the secrecy of the London Gold Market is explored.