London Vaults
LBMA London Vault Holdings
How much physical gold and silver is actually stored in London — the monthly troy-ounce totals held across the LBMA vaulting network, with each metal's latest level, the level a year earlier, and the full history.
Data as of
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Gold
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Silver
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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.
- 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.
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.