The London Bullion Market Association has announced revisions to its Good Delivery Rules and procedures, effective 1 January 2026, following work carried out this year on the GDL application process. The changes aim to strengthen process integrity, with a broader consultation planned for 2027.
Key updates include a ban on non-Roman, including Cyrillic, lettering in serial numbers and fineness marks, tighter timelines for Proactive Monitoring (PAM) with limited extensions, and a new requirement that all stamps and markings be placed at least 10 mm from the edge of a bar. The rules also formalise periodic compliance and Responsible Sourcing reviews when requested.
No changes have been made regarding the use of QR codes on London Good Delivery bars, and refiners may continue using their own moulds for PAM purposes.
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Shaping India’s $100 Billion Gems & Jewellery Future
At the Chintan Shivir on the 2040 Roadmap, Commerce Secretary Shri Rajesh Agrawal outlined a vision to grow India’s gems & jewellery sector from ~$29B to $100B, driven by innovation, technology, design, global branding.
Shaping India’s $100 Billion Gems & Jewellery Future
At the Chintan Shivir on the 2040 Roadmap, Commerce Secretary Shri Rajesh Agrawal outlined a vision to grow India’s gems & jewellery sector from ~$29B to $100B, driven by innovation, technology, design, global branding.
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
