Six U.S. Banks Hold over $1-TRILLION Dollars in Precious Metals Derivatives

This would indicate that these six U.S. banks held a derivatives position in the precious metals something north of $1 Trillion dollars at the end of Q3/2025 — and is more than comfortably above that amount now. … But with JPMorgan holding 62.1% of all the precious metals derivatives… Citibank holding 29.0% — and Bank of America about 7% of the total of the four reporting banks, it’s only JPMorgan and Citigroup that matter.