London Good Delivery Standard; LGDS (also used in German)

Quality designation for standard bars (19.0 to 13.4 kg) of gold as defined for use between central banks. The bars are to have a minimum fineness of 99.5 percent. Each piece must be stamped with the serial number, fineness, year of production, and refinery assay stamp. – The majority of gold dealers adhere to these specifications, even for smaller bars. However, there is no legal requirement that forces them to do so. Therefore, when buying gold, always pay attention to the relevant information. Many refiners – especially in Germany and Switzerland – exceed the LGDS for even the smallest bars and offer gold at a fineness of 99.9 percent. – Assay Stamp, Blank Gold Sale, Capellengold, Chrysomanie, Drittelgold, Edelkupfer, Goldgramm, Gold Price, Gold Reserve, Karat, Monometallism, Münzgold, Pagament, Rauschgold, Standardbarren, Currency, mixed, store of value, Zerimahbub, Zwischengold.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

Zitieren

Merk, G. (Hrsg.): „London Good Delivery Standard; LGDS (also used in German)“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/london-good-delivery-standard-lgds-also-used-in-german/ (Stand: 25.07.2023).

Die von Universitätsprofessor Dr. Gerhard Merk begründete Sammlung wird seit Herbst 2014 von Professor Dr. Dr. h.c. Eckehard Krah redaktionell fortgeführt und um neue Begriffe ergänzt. Sollten Sie Fehler entdecken oder sonstige Hinweise haben, schreiben Sie an: info@ekrah.com

1 Seitenaufruf dieser Seite