But with only 1173 tonnes of real physical gold held in the LBMA commercial vaults that is unconnected to ETFs out of a total of 3076 tonnes, this means that only 38% of the gold in the LBMA commercial vaults is available to support the London gold market. However, in reality, out of the ‘record’ 8228 tonnes of gold which the LBMA claims is held in London, only 14% of this total (1173 tonnes) is available to ‘underpin’ the giant gold trading and clearing casino that is the London gold market on any normal trading day.