: Scotiabank entered the high-tier bullion market in 1997 by acquiring Mocatta Bullion and Base Metals , a firm with a legacy dating back to 1684.
As of , the landscape for Scotiabank and gold has shifted significantly: Scotiabank to Close its Metals Business - GoldBroker.com scotia mocatta buy gold
: The bank stopped selling physical gold and silver to retail investors, making it impossible to buy Scotiabank-branded gold bars directly from the institution. Current Status: A Strategic Comeback : Scotiabank entered the high-tier bullion market in
: Following years of regulatory scrutiny, including U.S. investigations into trading practices and price manipulation lawsuits, Scotiabank shuttered the division in April 2020. The Rise and Fall of ScotiaMocatta
For over two decades, was the dominant name in the global precious metals market, functioning as the bullion division of Scotiabank. However, after a complete shutdown of its metals business in 2020, recent reports indicate that Scotiabank is currently recruiting staff to revive its metals trading operations as of late 2025 . The Rise and Fall of ScotiaMocatta
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