The founder and president Ivana Ciabatti poses with a 1kg gold bar at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

This picture shows 12,5kg gold bars displayed at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

This picture shows a 12,5kg gold bar engraved using a precision machine at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

This picture shows a 12,5kg gold bar engraved using a precision machine at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

A picture shows 12,5kg gold bars at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

A picture shows 12,5kg gold bars at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

A picture shows 12,5kg gold bars at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)

A picture shows 12,5kg gold bars at the Italpreziosi precious metals refinery in Arezzo, Italy, on September 29, 2026. Italpreziosi specializes in the refining and production of precious metals and investment-grade bullion. (Photo by Stefano RELLANDINI / AFP via Getty Images)