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GoldObserve

WHOLESALE GOLD BAR STANDARD

LBMA Good Delivery Gold Bars

THE SHORT ANSWER

The London standard is a variable-weight wholesale bar, not every branded gold bar

An LBMA Good Delivery gold bar contains 350 to 430 fine troy ounces, has minimum fineness of 995.0 and must meet marking, dimensional and appearance rules. A one-ounce minted bar or kilobar is not itself a London Good Delivery bar just because its manufacturer appears on the Good Delivery List.

FINE GOLD350-430 oz

Not one fixed 400 oz.

FINENESS995.0 minimum

Wholesale acceptance floor.

TYPICAL SCALEAbout 12.5 kg

Exact bars vary.

MARKSRefiner + assay + serial

Date applies to newer production.

CURRENT SPECIFICATION

Preserve ranges and qualifiers exactly

Current LBMA Good Delivery gold-bar fields reviewed August 12, 2026. These are wholesale acceptance rules, not a retail authentication checklist.
FieldCurrent ruleInterpretation
Fine gold350-430 troy ozFine-content range, not a gross-weight promise
Fineness995.0 minimumParts per thousand
Top length250 +/- 40 mmPermitted range
Top width70 +/- 15 mmPermitted range
Height35 +/- 10 mmPermitted range

The standard also governs appearance, safe handling and weight-list procedures. A dimension inside a range is not an online authenticity verdict, and a retail bar should not be forced into these institutional dimensions.

KILOBAR BOUNDARY

Listed refiner does not turn a kilobar into a Good Delivery bar

LBMA's market guide directly answers this common confusion: kilobars do not meet the London Good Delivery gold-bar criteria. LBMA also describes a separate 999.9 kilobar specification developed with the Shanghai Gold Exchange. Keep the manufacturer, product standard and bar itself as three separate claims.

LIST CLAIMRefinery status

Check current or former official listing.

BAR CLAIMExact bar mark

Match official record and date.

PRODUCT CLAIMRetail specification

Issuer page or certificate.

METAL CLAIMComposition

Needs converging evidence or assay.

MARKING RULE

New wholesale bars carry a durable identity chain

Current rules call for refiner stamp, assay mark, fineness and a serial number of no more than 11 characters. For production from January 2019, month and year must also appear. Pressure stamping and dot matrix are permitted; laser engraving is not. Mark characters must be at least 12 mm high.

The 10 mm edge-clearance rule applies from January 1, 2026 to new bar changes and Good Delivery List applicants. It should not be projected backward onto every existing bar or refinery. Historical bars always require the rule version and mark in effect for their production era.

PRIMARY SOURCES

Rules, issuer records and consumer safeguards

Reviewed August 12, 2026. List status, bar marks, packaging and product specifications can change; record the exact source and check date.

FAQ

Good Delivery gold-bar questions

How much does an LBMA Good Delivery gold bar weigh?

The current standard is defined by 350 to 430 fine troy ounces, roughly 10.9 to 13.4 kilograms of fine gold. A 400-ounce description is an approximation, not one exact weight.

Is a one-kilogram gold bar an LBMA Good Delivery bar?

No. LBMA explicitly distinguishes kilobars from the London Good Delivery gold-bar specification, although a listed refiner may manufacture both.

What is the minimum fineness?

The current Good Delivery gold specification requires at least 995.0 parts per thousand fine gold.

Does an LBMA-listed refiner make every retail bar authentic?

No. Refiner status and an official bar mark are useful source evidence, but a retail item still requires provenance, specification checks and suitable testing when evidence conflicts.