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RBC Capital Markets named Precious Metals House of the Year

RBC Capital Markets earned the Precious Metals House of the Year title at the Energy Risk Awards 2026, recognizing the institution's strategic investment and client-led solutions throughout 2025.
Gold prices reached more than 50 record highs in 2025, and tariff-related concerns drove market volatility; the bank leveraged global refinery relationships to help clients prepare for the Liberation Day deadline.
High-Profile leadership appointments bolstered the bank's global platform, with Ian Penney named global head of metals and Keval Sangani joining as head of metals origination for North America. The bank also developed a spot metals e-trading platform and enhanced analysis tools.
The bank supported asset managers offering physically backed ETFs during turbulent markets, meeting strong investor demand. Brandon Everhardt, global head of commodities, said the firm's "ability to provide consistent liquidity and support for physically backed ETFs... is something we're proud of."
Ron Ruffini, head of commodities risk solutions for EMEA and APAC, stated the bank has built real momentum and intends to continue investing in metals offerings across Europe and North America following strong revenue growth.

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