# JPMorgan Chase Gold Trading Revenues Hit $5 Billion

> JPMorgan Chase earned $700 million from gold and silver trading in 2026, pushing US banks toward record $5 billion annual revenue.
- Title: JPMorgan Chase Gold Trading Revenues Hit $5 Billion | Shortify
- Summary: JPMorgan Chase earned $700 million from gold and silver trading in 2026, pushing US banks toward record $5 billion annual revenue. JPMorgan Chase and other…
- Keywords: jpmorgan chase, gold trading, silver prices, precious metals, bank trading revenues, us banks, 2026, money, business, JPMorgan, Chase, Gold
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/gold-silver-boom-puts-us-bank-trading-revenues-on-track-for-record-5-billion/articleshow/134841433.cms
- Published: 2026-10-09T18:48:00+00:00
- Read time: 1 min
- Topics: jpmorgan chase, gold trading, silver prices, precious metals, bank trading revenues, us banks, 2026, money, business
## Precious Metals Trading Revenue
JPMorgan Chase earned $700 million from gold and silver trading in the first half of 2026.

> Most people i've spoken to here had a very good year, a record year
## Record Annual Revenue Target
US banks worldwide are expected to generate $5 billion from precious metals trading this year.
## 2020 Performance Benchmark
JPMorgan Chase earned slightly more than $1 billion from precious metals trading in 2020.
## Deutsche Bank's Half-Year Earnings
Deutsche Bank earned more than $200 million from precious metals trading in the first half of 2026.
## Market Volatility Drivers
Surging investor demand and sharp price swings created lucrative trading opportunities for banks.
## London Bullion Market Activity
Citigroup joined JPMorgan, UBS, HSBC and ICBC Standard Bank as new participants in London's gold market.
## Price Trends and Risks
Spot gold and silver remain at more than twice their levels from early 2024 despite recent market pullback.
## Key takeaway

JPMorgan Chase and other US banks generated $5 billion in precious metals trading revenue in 2026, driven by surging investor demand and price volatility.