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Benzinga
Benzinga
Business
Stjepan Kalinic

Deutsche Bank Scores Big On Gold, Targets Rejoining The Elite Club

Crypto Speculators Switching Toward Gold, Silver?

Deutsche Bank (NYSE:DB), the biggest German bank, has been slowly rising from the ashes of the previous decade. The bank posted one of its strongest trading performances, capitalizing on momentum in precious metals.

According to Bloomberg, the bank generated over $100 million in gold-trading revenue in the first half of the year. Tariff-driven volatility and arbitrage opportunities created a comeback for the institution that had largely withdrawn from physical gold trading after 2014.

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