2026-05-04
The Board of Directors of the Bank of the Republic issued Bulletin No. 13 on May 4, 2026, certifying the official gram prices for gold, silver, and platinum for May 2026 to calculate mining royalties. The document establishes the specific rates of 439,044.62 pesos for gold, 7,046.40 pesos for silver, and 188,445.90 pesos for platinum, based on LBMA and LME market data. It includes comprehensive legal disclaimers and trademark acknowledgments regarding the use of these reference prices by the Central Bank.
Board of Directors Bulletin of the Bank of the Republic Number: 13 Date: May 4, 2026 Pages: 2
Content • Gold, silver, and platinum gram prices effective for the month of May 2026: pages 2
This bulletin is published in development of what is provided in letter a) of Article 51 of Law 31 of 1992 and the paragraph of Article 108 of Law 510 of 1999. Board of Directors Secretariat – Carrera 7 14 78, sixth floor – Bogotá, D. C. – Telephone: +57 (601) 484-9980
Gold, silver, and platinum gram prices effective for the month of May 2026 In accordance with what is established in Article 152 of Law 488 of 1998, in Article 16 of Law 0141 of 1994, modified by Article 16 (paragraph 9th) of Law 756 of 2002, and in Resolution number 000212 of March 31, 2026 of the Mining and Energy Planning Unit of the Ministry of Mines and Energy, the prices per gram are certified for the purposes of the settlement of rents arising from the exploitation of the following metals, as follows:
Gold: 439,044.62 pesos FOUR HUNDRED THIRTY-NINE THOUSAND FORTY-FOUR PESOS WITH SIXTY-TWO CENTS
Silver: 7,046.40 pesos SEVEN THOUSAND FORTY-SIX PESOS WITH FORTY CENTS
Platinum: 188,445.90 pesos ONE HUNDRED EIGHTY-EIGHT THOUSAND FOUR HUNDRED FORTY-FIVE PESOS WITH NINETY CENTS
Given in Bogotá, D. C., on May 4, 2026.
NESTOR EDUARDO PLAZAS BONILLA Industrial and Treasury Submanager
The LBMA Gold Price/LBMA Silver Price, which is administered and published by Intercontinental Exchange Benchmark Administration (IBA), serves as an input or underlying reference for the Average Settlement Calculation of Royalties. LBMA Gold Price/LBMA Silver Price is a registered trademark of Precious Metals Prices Limited and is licensed to IBA as the administrator of the LBMA Gold Price/LBMA Silver Price. Intercontinental Exchange Benchmark Administration is a registered trademark of IBA and/or its affiliates. The LBMA Gold Price/LBMA Silver Price (am/pm), and the registered trademarks LBMA Gold Price/LBMA Silver Price are used by the Bank of the Republic with authorization under a license granted by IBA. The Average Settlement Calculation of Royalties is not sponsored, endorsed, or provided by IBA or any of its affiliates. IBA and its affiliates do not declare, guarantee, or make any representation or statement, express or implied, regarding the results that may be derived from the use of the LBMA Gold Price/LBMA Silver Price, nor regarding the suitability or adequacy of the LBMA Gold Price/LBMA Silver Price for any particular purpose to which it may be destined, including with respect to the Average Settlement Calculation of Royalties. To the maximum extent permitted by applicable legislation, all implied terms, conditions, and warranties are excluded, including, without limitation, those relating to quality, merchantability, fitness for a particular purpose, title, or non-infringement, in relation to the LBMA Gold Price/LBMA Silver Price, and neither IBA nor any of its affiliates shall be liable, either contractually or extracontractually (including negligence), for breach of statutory duties, nuisance, misrepresentation, or under antitrust laws or other legal provisions, in relation to any inaccuracy, error, omission, delay, failure, interruption, or change (material or otherwise) in the LBMA Gold Price/LBMA Silver Price or in the Average Settlement Calculation of Royalties, nor for any damage, expense, or other loss (whether direct or indirect) that may be suffered derived from or related to the LBMA Gold Price/LBMA Silver Price or the Average Settlement Calculation of Royalties, or with the confidence that may be placed in them.
The LBMA Gold Price/LBMA Silver Price, which is administered and published by Intercontinental Exchange Benchmark Administration, serves as, or as part of, an input or underlying reference for the Average Settlement Calculation of Royalties. LBMA Gold Price/LBMA Silver Price is a trademark of precious metals prices limited, and is licensed to IBA as the administrator of the LBMA Gold Price/LBMA Silver Price. Intercontinental Exchange Benchmark Administration is a registered trademark of IBA and/or its affiliates. LBMA Gold Price/LBMA Silver Price (am/pm), and the trademarks LBMA Gold Price/LBMA Silver Price are used by Banco de la República with permission under license by IBA. The Average Settlement Calculation of Royalties is not sponsored, endorsed, or provided by IBA or any of IBA’s affiliates. IBA and its affiliates make no claim, prediction, warranty, or representation whatsoever, express or implied, as to the results to be obtained from any use of LBMA Gold Price/LBMA Silver Price, or the appropriateness or suitability of LBMA Gold Price/LBMA Silver Price for any particular purpose to which it might be put, including with respect to the Average Settlement Calculation of Royalties. To the fullest extent permitted by applicable law, all implied terms, conditions, and warranties, including, without limitation, as to quality, merchantability, fitness for purpose, title, or non-infringement, in relation to LBMA Gold Price/LBMA Silver Price, are hereby excluded and none of IBA or any of its affiliates will be liable in contract or tort (including negligence), for breach of statutory duty or nuisance, for misrepresentation, or under antitrust laws or otherwise, in respect of any inaccuracies, errors, omissions, delays, failures, cessations, or changes (material or otherwise) in LBMA Gold Price/LBMA Silver Price or the Average Settlement Calculation of Royalties, or for any damage, expense, or other loss (whether direct or indirect) you may suffer arising out of or in connection with LBMA Gold Price/LBMA Silver Price or the Average Settlement Calculation of Royalties or any reliance you may place upon it.
LME shall not be liable for any loss or damage incurred as a result of any error, inaccuracy, or omission in relation to the LBMA Platinum Price, nor for any delay in the publication of the LBMA Platinum Price, nor for any other reason in relation to the LBMA Platinum Price. LME does not provide any warranty regarding the accuracy of the LBMA Platinum Price and no person should rely on it. Unless otherwise indicated, the copyright and any other rights regarding the content related to the LBMA Platinum Price, including any images and text, will remain the property of LBMA. The platinum gram prices that the Bank of the Republic uses for the purposes of its own purchase and sale operations of said metal are calculated based on the platinum price data supplied under the license of the London Metal Exchange - LME. It is reported that LME has no link or responsibility regarding the use that third parties make of the data. This information may not be reproduced or disclosed by third parties through any means.
The LME shall have no liability for any loss or damage incurred as a result of any errors, inaccuracies, or omissions in relation to the LBMA Platinum Price, or for any delay in publishing the LBMA Platinum Price, or for any other reason whatsoever in connection with the LBMA Platinum Price. The LME is unable to provide any warranty relating to the accuracy of the LBMA Platinum Price and no reliance should be placed on the LBMA Platinum Price and/or LBMA Palladium Price by any person. Unless otherwise stated, the copyright and any other rights in the contents relating to the LBMA Platinum Price, including any images and text, shall remain property of the LBMA. The platinum prices per gram that are used by Banco de la República (the Central Bank of Colombia) for its own purchase and sale transactions are calculated based on the platinum price data provided under license from the London Metal Exchange (LME). It should be noted that LME has no affiliation with nor assumes any responsibility for the use that third parties might make of such data. This information may not be reproduced or disclosed by any means by third parties.
Effective from: October 31, 2025