Who Controls the Gold Market? Meet the Five Banks That Settle Every Ounce

Citi just became the first bank to join London’s bullion clearing network in a decade. Here’s who controls gold settlement — and what physical owners need to know about unallocated risk.

Trump Called the Deal Dead. Oil Jumped 6%. Gold Fell. Here Is Why Both Moves Make Perfect Sense.

Trump called the Iran ceasefire “over” at the NATO summit on July 8, 2026. Oil surged 6%. Gold fell to $4,072. Silver dropped to $58.45. The reason the same geopolitical shock that pushed oil higher sent both metals lower is the mechanism that has governed precious metals all year.