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.