@glitterbuggold: In the first half of 2026, JPMorgan Chase & Co. earned approximately $700 million from trading and handling precious metals, including gold, silver, and others. Driven by sharp price fluctuations and heavy investor activity, the bank's precious metals desk has been a major contributor to a massive year for Wall Street dealers. Key Takeaways of the Windfall • Not Just Silver: The $700 million figure encompasses the trading, handling, and clearing of gold, silver, and other precious metals combined, rather than silver alone. • Historical Context: This massive haul puts JPMorgan on pace to challenge its highest-ever annual gain from the precious metals business, which was just over $1 billion in 2020. • Record Year for Global Banks: Across the industry, a broader gold and silver boom is pushing global banks toward a record $5 billion windfall in precious metals trading revenue for 2026. • JPMorgan's Market Standing: While newer competitors like Deutsche Bank (clearing over $200 million) and Citigroup are expanding their footprint, JPMorgan continues to emerge as the dominant player and key beneficiary of this market volatility. Looking to Sell your Gold or Silver for Top Dollar 💰 At Glitter Bug Gold Buyers we offer the Highest CASH Payouts in Orange County, CA. A+ Rating with BBB. Over 500 Five ⭐️ Reviews. 23 Years in business. Accurate XRF Testing. Walk-ins welcome or call to schedule a private appointment. Free Assessments! South Orange County Location 23011 Moulton Parkway, Suite A-16 Laguna Hills, CA 92653 (949) 461-9191 North Orange County Location 155 North Riverview Drive, Suite 111 Anaheim Hills, CA 92808 (714) 409-9191 #sellyourgold #jewelrybuyer #webuygold #jpmorgan #silverstacking

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Thursday 15 October 2026 21:52:42 GMT