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Bullion banks

Bullion banks are financial institutions that specialize in buying, storing, and selling large quantities of precious metals like gold and silver. They act as intermediaries for governments, miners, investors, and other entities, providing warehousing and liquidity services. These banks often facilitate trading and financing in the commodities market, helping clients manage risks and secure metal assets without physically handling the storage. Essentially, bullion banks play a crucial role in the global precious metals supply chain, providing expertise, liquidity, and security for those involved in trading and investment of these metals.