British finance app Revolut has announced it will freeze its commodity products in unspecified European countries, giving affected customers a two-month period to sell their existing holdings. Revolut is a leading digital finance platform, enabling users to invest in precious metals such as gold, silver, platinum and palladium. A spokesperson for the London-based company confirmed the decision, saying, “We have decided to end our commodities service in some European markets. This change only affects a small group of our customers.”
The company declined to give a specific reason for the move or to identify the European countries where the service will no longer be available. Revolut assured that affected customers would be contacted directly and offered a 60-day window to liquidate their investments, with commission fees refunded. All other products and services offered by the platform are expected to remain unchanged. In its annual report, Revolut revealed it had invested around £739 million ($997 million) in precious metals in 2025, up from £199 million last year, to hedge against price volatility in customer holdings.
The operational adjustment comes as Revolut continues its strategic expansion across Europe, applying for a banking license in France while currently using its Lithuanian license for EU services. The broader commodity market, particularly gold, has recently experienced significant changes. Gold prices hit record highs in January on demand from central banks and institutional investors, with speculative retail interest also rising. However, gold has lost momentum since then, with volatility intensifying following recent geopolitical events.
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