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History of Precious Metals at Scotiabank

We have over three centuries of experience in the precious metals field and we are one of the world's largest dealers in precious metals.

ScotiaMocatta, Scotiabank's precious metals division, is a global leader in precious metals trading and finance with roots dating back to 1671. ScotiaMocatta is also the Chairman of the London Silver Fixing, which has been in existence since 1897.

In May 2004, ScotiaMocatta was appointed Chairman of the London Gold Fixing for a one year term. This is the first time, in the Gold Fixing's 85-year history, that a non-British bank has held this position.

Scotiabank has a long history of providing innovative services in gold, including: metal loans, custodial services to central banks, and providing finance to mining companies. Scotiabank also introduced gold certificates in Canada in 1958 when it became legal for citizens to hold gold.

Today, with operations worldwide, we provide customized solutions to producers and consumers of bullion, including Central banks, financial institutions, manufacturers, merchants and traders.



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