The Central Bank of Colombia published Bulletin 35 of 2025 certifying the per-gram prices of gold, silver and platinum applicable for October 2025 for the settlement of royalties arising from exploitation. The certification is issued under Article 152 of Law 488 of 1998, Article 16 of Law 141 of 1994 as amended by Law 756 of 2002, and Resolution 001188 of 24 December 2024 from the Ministry of Mines and Energy’s Mining and Energy Planning Unit. The LBMA Gold Price and LBMA Silver Price, administered and published by ICE Benchmark Administration, are used as an input for the average calculation applied to royalty settlement, with accompanying licensing and liability disclaimers noted in the release.
Central Bank of Colombia 2025-10-01
Central Bank of Colombia certifies October 2025 per-gram prices for gold, silver and platinum for royalty settlement
The Central Bank of Colombia issued Bulletin 35 of 2025, certifying October 2025 per-gram prices for gold, silver, and platinum for royalty settlements. The certification follows specific legal frameworks and uses LBMA Gold and Silver Prices as inputs for average calculations, with relevant disclaimers included.