The Central Bank of Colombia published Bulletin 32 of 2025 certifying the per gram prices of gold, silver and platinum applicable for September 2025 for purposes of liquidating rents arising from exploitation, in line with the legal provisions governing royalty and related settlement calculations and a reference resolution issued by the Mining and Energy Planning Unit of the Ministry of Mines and Energy. The release notes that the LBMA Gold Price and LBMA Silver Price benchmarks, administered and published by Intercontinental Exchange Benchmark Administration (IBA), are used as an underlying input or reference for the average calculation applied in royalty liquidation. It also clarifies the licensed use of the LBMA trademarks and sets out disclaimers that the royalty settlement average calculation is not sponsored, endorsed or provided by IBA, alongside limitations of warranties and liability related to the benchmarks and the calculation.
Central Bank of Colombia 2025-09-01
Central Bank of Colombia certifies September 2025 per gram prices for gold, silver and platinum for liquidation of exploitation-related rents
The Central Bank of Colombia issued Bulletin 32 of 2025, certifying per gram prices for gold, silver, and platinum for September 2025, in accordance with legal provisions for royalty settlements. The bulletin specifies that LBMA Gold and Silver Price benchmarks, administered by Intercontinental Exchange Benchmark Administration, are used for average calculations in royalty liquidation, with disclaimers on trademark use and liability.