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LBMA Updates Good Delivery Rules Ahead of 2026 Implementation

Revised Standards Tighten Marking, Monitoring and Compliance Requirements to Enhance Market Integrity

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The  London Bullion Market Association has announced revisions to its Good Delivery Rules and procedures, effective 1 January 2026, following work carried out this year on the GDL application process. The changes aim to strengthen process integrity, with a broader consultation planned for 2027.

Key updates include a ban on non-Roman, including Cyrillic, lettering in serial numbers and fineness marks, tighter timelines for Proactive Monitoring (PAM) with limited extensions, and a new requirement that all stamps and markings be placed at least 10 mm from the edge of a bar. The rules also formalise periodic compliance and Responsible Sourcing reviews when requested.

No changes have been made regarding the use of QR codes on London Good Delivery bars, and refiners may continue using their own moulds for PAM purposes.

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Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover

The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold

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Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.

The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.

The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.

Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.

Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.

With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.

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