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LBMA London Vault Holdings ·Data as of Jul 2026

London vault holdings of silver are up 16.6% over a year, now 907.06M oz

The monthly troy-ounce totals held across the LBMA vaulting network, for gold and for silver.

Gold

London vaults

Jul 2026

306.53M oz

held in London · ~9,534 t

Year over year

+7.5%

Jul 2025: 285.02M oz

272.5M282.5M292.5M302.5M312.4M Aug 2020Feb 2022Aug 2023Feb 2025Jul 2026

Monthly troy ounces of Gold held in London vaults, last 6 years.

Silver

London vaults

Jul 2026

907.06M oz

held in London · ~28,213 t

Year over year

+16.6%

Jul 2025: 778.01M oz

711.4M828.6M945.8M1062.9M1180.1M Aug 2020Feb 2022Aug 2023Feb 2025Jul 2026

Monthly troy ounces of Silver held in London vaults, last 6 years.

LBMA Gold Holdings in London Vaults Today

The London vaulting network held 306.53M oz of gold at the end of Jul 2026, the most recent month the LBMA has reported. That is about 9,534 metric tonnes of gold held across the London vaulting network. London gold holdings are up 7.5% from Jul 2025, when the vaults held 285.02M oz.

LBMA Silver Holdings in London Vaults Today

The London vaulting network held 907.06M oz of silver at the end of Jul 2026, the most recent month the LBMA has reported. That is about 28,213 metric tonnes of silver held across the London vaulting network. London silver holdings are up 16.6% from Jul 2025, when the vaults held 778.01M oz.

Common questions

What are LBMA vault holdings?
The London Bullion Market Association reports how many troy ounces of physical gold and silver sit in the London vaulting network each month. It is a measure of the metal actually stored in London — the vaults operated by the Bank of England and the market's other custodians — not paper claims.
How much gold is in London vaults?
The latest month's figure is shown at the top of the gold card on this page, in troy ounces. London holds several thousand tonnes of gold across its vaults, and the monthly series here shows how that total has moved over the past several years.
More questions
How is the data measured?
The LBMA collects vault-holdings data from the custodians that store metal in London and publishes a monthly total in troy ounces for gold and for silver. This page carries that headline troy-ounce figure per metal and its month-over-month history.
Do vault holdings track the price of gold and silver?
Not directly. Holdings change as metal is moved into or out of London to settle trades, meet ETF demand, or ship to other centres, so the stored total can rise while prices fall, or the reverse — which is exactly why the level is worth watching on its own.

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Data source

Figures are the official monthly vault-holdings totals reported by the London Bullion Market Association, covering physical gold and silver stored across the London vaulting network in troy ounces.

London is the larger of the two vault networks that publish their holdings, but not the only one. Total visible vault inventories adds these London figures to COMEX warehouse stocks for a combined gold and silver total.

Cite this page

The Vault Report. "LBMA London Vault Holdings — Gold & Silver in London." https://thevaultreport.com/lbma-vault (Accessed August 31, 2026).