$85 million in American Gold Eagles moved from a client’s home into allocated vault storage

One high-net-worth client’s gold position became insured, audited, billable AUM without selling a coin.
A physical precious metals program inside a Japanese financial institution’s platform

Clients buy through the institution’s existing screens and specify amounts in local currency. The program has run since August 2017.
Gold outlook after the 2026 pullback, July 2026
By Trey Reik, Chief Economist, GBI. Data as of July 31, 2026. Gold fell about 25% from its January peak. We think the reasons for owning it have not changed, that the market expects Fed rate hikes that are very unlikely, and that gold miners look cheap against gold and the S&P 500.
Gold and silver outlook, February 2026
By Trey Reik, Chief Economist, GBI. In 2025, spot gold rose 65% and silver 148%, their strongest advances since 1979. The note argued that deteriorating U.S. finances, anti-dollar sentiment and eroding Fed credibility would keep supporting gold in 2026.
