Precious metals trading puts US banks on track for record earnings
Major US banks achieved significant profits from precious metals trading in the first half of 2026, driven by strong demand. JPMorgan Chase earned approximately $700 million from gold, silver, and other metals trading. Deutsche Bank returned to bullion trading with earnings exceeding $200 million. Analysts predict banks will generate around $5 billion from precious metals trading by year-end.
Sources
This story is an AI-assisted summary of reports from the sources listed above. MyKhabri did not do its own reporting on it; read the original sources for full details. Spotted a mistake? Corrections policy
Read the latest on the MyKhabri app