Precious metals trading desks generated a record $3.9 billion in revenue in 2025, the highest figure ever recorded, as surging volatility and massive trading volumes created ideal conditions for banks and traders. The number speaks for itself. Precious metals desks around the world pulled in $3.9 billion in 2025, making it the most profitable year on record for gold traders, according to data tracked by Coalition Greenwich and reported by Bloomberg Markets. That figure did not come from a quiet, steady rally. It came from chaos. Gold prices have been on a historic run, breaking above $3,000 an ounce in 2025 for the ... (full story)