LBMA Reports Minor Gold Decline, Larger Silver Drop in February Vault Holdings

London’s precious metal vaults showed modest declines in February, according to the London Bullion Market Association (LBMA).

Gold holdings decreased by 0.68% to 8,477 metric tons, while silver holdings fell more significantly, dropping 4.5% to 22,462 tons compared to January’s levels. The LBMA, which regularly reports on London’s vault holdings, serves as a key authority for global precious metals markets.