The Definitive Guide To Buying Precious Metals In London

What Are Precious Metals?

Are you looking to invest in precious metals but not sure where to start? Look no further! This article provides an in-depth guide to buying precious metals in London, covering what precious metals are, where to buy them, and more. From the London Bullion Market Association to metal dealers in Hatton Garden, you will soon have all the information you need to make an informed decision when investing in precious metals. Read on to learn more!

Where to Find Precious Metals in London

London is one of the oldest cities in the world and has a long and interesting history with precious metals. While buying precious metals in London can be a daunting task for even the savviest investor, with a bit of research, you can find some of the best places to buy your precious metals.

The most popular place to buy precious metals in London is from a bullion dealer. These dealers are experts in purchasing and selling precious metals, and they can help you find the best deals and products. Bullion dealers usually carry a variety of gold, silver, platinum, and palladium coins and bars, as well as a selection of jewelry and other collectibles made with precious metals.

For over a century, the London Bullion Market Association (LBMA) has been the authority on gold, silver, and other precious metals in London. The LBMA sets the benchmark for gold, silver, and platinum prices in London, and its members must adhere to strict regulations and standards to ensure the integrity of the market and its products.

If you are looking for more variety than what is offered by your local bullion dealer, London has a wide range of coin and collectible dealers, with products ranging from coins to jewelry to paper notes. Most of these coin dealers have websites, giving you the chance to view their product selection remotely before visiting their shop. Additionally, you can find coin auctions and flea markets with rare and unique items from around the world.

In addition to bullion dealers and coin dealers, London is also home to a variety of jewelry and watch shops. These shops specialize in high-quality jewelry, watches, and accessories made with precious metals, such as gold and silver. You can often find rare or antique pieces that are no longer in production, as well as vintage, one-of-a-kind pieces.

Finally, London also has a number of online stores that specialize in buying and selling precious metals. These shops often have competitive prices and a variety of coins and bars from different countries. Additionally, these stores often offer delivery services, making it even easier to purchase your metals without having to leave the comfort of your home.

London Bullion Market Association

The London Bullion Market Association (LBMA) is a trade organization that is responsible for regulating and promoting the international market for gold, silver and other precious metals. The LBMA was established in 1987, and it serves as the authoritative source for the buying and selling of these metals.

The LBMA sets standards for the quality of the metals that are bought and sold in the London market. It also regulates the conduct of its members and the transactions between them. The LBMA works closely with refiners and traders, to ensure that the metals traded are of a high grade, meet the specified standards and are free of any fraudulent activity.

The LBMA also publishes a list of approved gold and silver refiners, who have been certified by the LBMA and adhere to their standards. This list is updated regularly, and allows buyers and sellers to know exactly which refiners they are dealing with.

The LBMA is also responsible for approving and verifying the purity of precious metals. This process involves testing each metal and verifying that it meets or exceeds the LBMA’s standards for purity. The LBMA also sets the gold and silver purity standards for bars and coins traded in the London market, and this ensures that buyers and sellers are dealing with quality metals.

Finally, the LBMA provides an assurance to buyers and sellers of gold and silver that the metals they are purchasing are of the highest quality and that the process of buying and selling is secure and regulated. This provides a safe and secure environment in which buyers and sellers can conduct their transactions, and helps to ensure that the metals they are purchasing are genuine.

Metal Dealers in Hatton Garden

Hatton Garden in London is a hub of precious metal dealers, offering various services for those looking to buy gold, silver, platinum and other precious metals. Located in the City of London, the area has long been known for its diamond and jewellery trade, with many dealers and shops found in the area.

The area has a rich history of precious metal trading, stretching centuries. It is believed that the first central gold-smithing premises was established in 1543, and several prominent goldsmiths, like the renowned Harrison family, were based there in the 17th century. Since then, many Goldsmiths, silversmiths and bullion traders have established shops in the area, and it is now home to one of the largest concentrations of gold and precious Hatton garden metal buyers in the world.

Most shops can be found in Hatton Garden, with many more located in the surrounding streets and alleys. These include traditional shops like Burnells, makers of fine jewellery since 1851, and specialist stores like Soho Mint, which specializes in buying and selling gold coins worldwide. On Hatton Garden, you will find an array of stores offering bullion bars and coins, jewellery, watches and watch repair services.

When shopping for precious metals in Hatton Garden chose a reliable hatton garden Metal Buyer. You can find a wide selection of quality items at competitive prices. It is worth shopping around, though, as prices vary widely between dealers. Make sure you look for gold or silver that has been hallmarked with an assay office (London, Birmingham, or Edinburgh) to ensure its quality and fineness. If you are looking for bullion, ask the dealer you are dealing with to provide you with a certificate of authenticity before you buy, as this will provide you with additional peace of mind.

Finally, it is essential to remember that the cost of gold and silver can fluctuate in line with the market. Therefore, it is worth researching the current market price before you buy and determining a fair price before you commit to a purchase. This way, you can ensure that you get the best possible value for your money when shopping for precious metals in Hatton Garden.


When searching for precious metals in London, it is essential to do your research and choose a reliable source. The London Bullion Market Association is a great place to start for those looking for a trusted and reliable source for precious metals. Additionally, Hatton Garden provides a vast selection of metal dealers who specialize in a variety of metals. Whether you are looking to buy gold, silver, or platinum, there are reputable sources available to ensure you get the right item for your needs. Taking these factors into consideration when looking to buy precious metals can help to ensure you make the right purchase.