Revolut Shuts Down Gold and Silver While Keeping Crypto Services Intact

Revolut will terminate precious-metals trading across the EU on June 15, 2026, liquidating remaining gold, silver, platinum and palladium positions at market rates and refunding any commission fees charged around forced sales. The shutdown affects over 30 EEA markets while the UK arm will continue offering metals, creating a two-track customer structure. The move appears commercial — Revolut cited terms of business and observers pointed to low volumes and thin margins — rather than regulatory. At the same time Revolut’s crypto business is expanding under a Cyprus MiCA license: Revolut X now offers 200+ tokens and 400+ trading pairs across 30 EEA markets. Market impacts include reduced app-based retail gold/silver exposure in Europe (potentially lowering immediate retail demand) and a tilt toward crypto and ETFs (e.g., Bitcoin and spot-gold ETFs) as alternative exposures.