The London Bullion Market Association has published its second-quarter 2026 market report, offering a comprehensive snapshot of trading conditions, price performance, and demand trends across the precious metals complex.
The London Bullion Market Association, which oversees the global benchmark pricing process for gold and silver and serves as the primary standards body for over-the-counter bullion trading, has released its quarterly market report covering the April-through-June period of 2026.
Quarterly LBMA reports are closely watched by institutional traders, central banks, and long-term investors because they consolidate clearing volume data, vault holdings, and price statistics that are not easily assembled from any single public source. The reports also provide context on physical demand flows moving through the London market, which remains the world’s largest centre for wholesale precious metals trading.
The second quarter of 2026 has unfolded against a backdrop of persistent macro uncertainty, with central bank policy paths, currency moves, and geopolitical pressures continuing to shape appetite for safe-haven assets including gold and silver. London clearing volumes and vault stock movements captured in the report can signal whether institutional demand was building or retreating during the period.
LBMA data also covers platinum and palladium, metals whose supply chains remain sensitive to South African mining output and automotive sector demand for catalytic converters. Any notable shifts in those figures will be of particular interest to market participants tracking the industrial metals side of the precious metals complex.
The full report is available through the LBMA’s official channels for members and market participants seeking granular data on price ranges, trading volumes, and physical stock levels recorded over the quarter.
We’re reviewing the full report and will follow up with data highlights as they emerge.
