Phrases with «bullion banks»

"Bullion banks" are financial institutions that trade and store precious metals like gold and silver. They provide services such as buying and selling these metals, as well as lending them to other parties. They play a significant role in the global precious metals market. Full definition

bank (parent phrase)
bullion (parent phrase)

bullion banks

Sentences with «bullion banks»

The residual supply of potentially marketable gold is vaulted in bullion banks (much of it at HSBC for the GLD ETF) and non-bank commercial storage facilities such as Brinks, Malca Amit, etc.. (tocqueville.com)
In the depths of the building's footing resides ScotiaMocatta's bullion vault, the only bullion bank in Canada. (canadianbusiness.com)
A few months ago the Financial Times did a big story about gold that was half about GATA's complaints about gold price manipulation by central banks and their associated bullion banks. (gata.org)
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Phrases with «bullion banks»

Sentences with «bullion banks»

See also