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LBMA Good Delivery Silver Large Bar

$38,635.00

Please call us at +65 6222 9703 for a more accurate pricing and weight. The price for LBMA Good Delivery Large Silver Bar is indicative and is based on 1000oz, the weight varies from 750oz to 1100oz.

SKU: 62300510 BuyBack Price: SGD 35970 Categories: , , , , , , , , , , , , , , , , ,
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Description

Please call us at +65 6222 9703 for a more accurate pricing and weight. The price for LBMA Good Delivery Large Silver Bar is indicative and is based on 1000oz, the weight varies from 750oz to 1100oz.

The LBMA standards, recognised throughout the world, ensure that accredited refiners continue to maintain the high standards necessary for the London Good Delivery List.

Minimum silver content: 750 troy ounces (approximately 23 kilograms)
Maximum silver content: 1100 troy ounces (approximately 34 kilograms)

However, it is recommended that ideally refiners should aim to produce bars within the following weight range:

Minimum silver content: 900 troy ounces (approximately29 kilograms)
Maximum silver content: 1050 troy ounces (approximately 33 kilograms)

The gross weight of a bar should be expressed in troy ounces in multiples of 0.10, rounded down to the nearest 0.10 of a troy ounce.

Dimensions
The recommended dimensions for a Good Delivery silver bar are approximately:
Length (Top): 300 mm +/- 50 mm. Undercut:* 5-15 degrees
Width (Top): 130mm +/- 20 mm. Undercut:* 5-15 degrees
Height: 80 mm +/- 20

The undercut refers to the degree of slope on the side and ends of the bar and is calculated using the following formula: 90 degrees (ATAN(H/((T-B) 0.5))), where H=Height, T= Top, and B=Bottom dimensions of the bar, the bottom dimension being measured to the theoretical sharp edges.

Fineness
The minimum acceptable fineness is 999.0 parts per thousand silver.

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Current Price:

$38,635.00

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Price History:

Type Price When
Current $38,635.00 Apr 24, 2024
Highest* $35,959.00 May 4, 2023
Lowest* $27,366.00 Oct 19, 2022
Average $31,891.47

Last 5 price changes:

Date Price
September 29, 2023, 9:34 am $32,683.00
May 29, 2023, 5:35 am $32,806.00
May 26, 2023, 7:18 am $32,511.00
May 9, 2023, 1:01 am $35,219.00
May 8, 2023, 11:56 pm $35,232.00

GSC reserves the right to refuse or cancel any order in the event that GSC is unable for whatsoever reason to procure any or adequate bullion to satisfy your order, or if customer payment is not received within the Payment Timeframe specified, or when the confirmed price is incorrect, whether due to computer-related problems or otherwise, pricing error or sudden movements in the precious metals market or export/import restriction.

Additional information

Weight 1000 oz
Fineness

999.0

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