The benchmark this market prices against — live, and honestly labelled. The chart follows the live market; the official prints below it are the prices Assaya contracts are written on.
Official benchmark prints, shown as published, with the time of publication. A print appears here when the administrator publishes it — never before, and never estimated.
Two prices, two jobs. The live chart is market information: it tells you where gold and silver are trading now. The official LBMA print is the pricing basis: every Assaya contract values its metal on the official print for the valuation date named in the SPA — under the platform's house pattern, the lesser of the Seller's base price and the LBMA print, less the discount the parties agree. When a transaction reaches settlement, that print is sealed into the deal file as the price-basis evidence, so the number can be re-proven by either party at any time.
LBMA prices administered by ICE Benchmark Administration Limited, shown under licence. Spot data by the platform's licensed feed; delays, where any, are the feed's own and are timestamped.