SEB going for gold – raising the bar in precious metals

SEB has now become a Full Member of the London Bullion Market Association (LBMA), the only Nordic bank to hold full membership status.

LBMA is a global association committed to advancing standards and promoting good trading practices for refiners, traders, banks and others operating in the global precious metals industry. SEB’s Membership marks a major step in the bank’s ambition to support large corporates and financial institutions in their trading and investment in precious metals.

In recent times of geopolitical tensions and stock market volatility, the gold price has been surging. “This year we’ve seen a significant increase in interest in the precious metals markets from a wide array of clients. As gold is a natural safe haven in times of stress, we want to ensure we adhere to the highest standards to facilitate those needs,” says William Rose, Senior Commodity Trader at SEB.

SEB’s membership of LBMA underscores the bank’s commitment to recognised standards of integrity, transparency, and market quality in precious metals trading. "We started developing our precious metals business a long time ago. Now we've been accepted as an LBMA member at a point where the precious metals markets are looking extremely interesting. The timing has been really good in that regard", William Rose explains. 

A broad spectrum of clients – from Refiners to Central Banks and Institutional Investors – are demonstrating increased interest in gold. William adds that, given the increased market volatility it is prudent for investors to assess all areas of their gold exposure.

“Gold represents a strategic opportunity for institutional investors. By partnering with SEB, clients gain access to guidance on building effective gold strategies that support diversified and secure portfolios.

We provide comprehensive access to the gold market, offering trading across the full spectrum of instruments, including deposits and loans, swaps and forward contracts.

"We're active, we have positions, we have risk mandates. Our strength lies in our deep understanding of our clients and their needs, supported by SEB’s long-standing stability as a well-established bank.”