Citigroup Picks London Gold Vault for Precious Metals Push - Bloomberg
Citi expanding their London vault capacity tells you everything about where institutional money is headed. Banks don't build precious metals infrastructure for fun. They're positioning for sustained client demand in physical allocation. This follows the pattern we've seen since 2020 - major institutions treating gold as a strategic asset class, not just a hedge. London remains the epicenter of global bullion flows, and when Citi commits capital to vault space, they're betting on volume. For stackers, this reinforces the thesis that institutional adoption is structural, not cyclical. The smart money is securing physical infrastructure while retail investors debate paper versus metal.