Investing.com -- Gold and silver holdings in London vaults have experienced a slight decrease, according to data provided by the London Bullion Market Association (LBMA). As of the end of February, gold held in these vaults amounted to 8,477 metric tons, marking a 0.68% decline from the previous month.
In addition to gold, silver holdings also saw a reduction. The LBMA reported a total of 22,462 tons of silver held in London vaults at the end of February, a 4.5% decrease from January’s holdings. The LBMA, a leading authority in the global gold and silver markets, regularly provides updates on the quantities of these precious metals held within London’s vaults.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.