Question Number: 88
PDR Number: AET088
Date Submitted: 22/02/2022
Department or Body: Treasury
The RBA is aware of the discovery of fake gold bars through duplicate refiners’ serial numbers in the smaller 1kg bar market, not the 400oz (11.3kg) LBMA Good Delivery bars that comprise the RBA’s holdings. As such, the RBA does not see this as a significant issue for its own holdings. Nevertheless, to mitigate any potential risk, the RBA refrains from publishing the serial numbers of the bars that it holds.
