International gold and silver dealer files Chapter 11 bankruptcy

Precious metals investors saw their holdings skyrocket successful worth successful 2024 and 2025, which was large quality for them, but atrocious quality for immoderate dealers, specified arsenic Rosland Capital LLC.

Rosland Capital filed for a Chapter 11 liquidation facing distress from declining profitability compounded by an unsustainable bid fulfillment exemplary amid grounds precious metals prices.

The distress was exacerbated by an summation successful golden prices that roseate from a debased arsenic $1,500 per ounce successful 2023 to $4,300 per ounce by the extremity of 2025 and a highest of $5,620 an ounce successful January 2026, according to Bondoro. Silver peaked astatine astir $121 per ounce.

Rosland Capital to liquidate assets

The planetary precious metals plus absorption steadfast filed for Chapter 11 bankruptcy with plans to upwind down its concern and liquidate its assets.

The Los Angeles-based golden and metallic trader filed its petition successful the U.S. Bankruptcy Court for the Central District of California listing up to $1 cardinal to $10 cardinal successful assets and $50 cardinal to $100 cardinal successful liabilities connected July 2, including astir $23.6 cardinal successful unsecured debt, according to tribunal documents.

Rosland's gross declined from astir $151 cardinal successful 2021 to astir $97.8 cardinal successful 2025.

Creditors' names redacted from petition

Rosland Capital's lone creditor listed connected the petition was Fox News Network LLC, owed implicit $1.9 million. The names of the different 19 unsecured creditors successful the petition, owed implicit $21.6 million, were redacted, according to tribunal papers.

The debtor, founded successful 2008, sold gold, silver, and palladium bullion bars and coins, arsenic good arsenic platinum bullion bars. The institution besides advised clients connected gold, silver, and palladium coin purchases for their precious metallic IRAs.

In summation to its Los Angeles office, Rosland opened offices successful London successful 2014, and Munich and Paris successful 2021.

All employees terminated

Rosland Capital nary longer holds immoderate inventory of precious metals, coins, oregon bullion and retains lone constricted currency successful its accounts. The institution had terminated substantially each of its employees by June 19.

The debtor volition record a bidding procedures question for an auction of its assets and expects to record a program calling for a liquidating spot to negociate the liquidation of the company.

Gold was priced astatine astir $4,175 per ounce, and metallic was astir $62 an ounce connected July 3, 2026, according to Forbes.

Joni Teves, a UBS metals strategist based successful Singapore, said her steadfast believes golden volition decorativeness the twelvemonth strongly, The Street'sCharley Blaine reported.

Bank predicts continued golden summation