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Case study · Precious metals · Europe

StoneX Bullion: +104% organic traffic since November 2023

StoneX Bullion’s estimated organic traffic grew from 68,260 visits a month in October 2023, the month before we started, to 139,317 in September 2026 (+104%, Ahrefs estimates), in a market where buyers pick a dealer on trust.

We’ve run SEO for StoneX Bullion since November 2023. Here’s what we did, what the numbers show, and what they don’t.

StoneX Bullion

+104%

Estimated organic traffic, October 2023 → September 2026

Source: Ahrefs estimates, pulled September 30, 2026

+104%

estimated organic traffic (Oct 2023 → Sep 2026)

139,317

estimated organic visits a month (Sep 2026)

2,893

keywords in Google’s top 3, up from 1,217 (Sep 2026)

$30,682

estimated monthly traffic value, up from $12,246 (Sep 2026)

The client

About the client

StoneX Bullion is an online precious metals dealer selling gold and silver bars and coins to private investors in several European markets.

This case study covers the bullion business at stonexbullion.com only.

Its largest organic markets today, by estimated traffic (Ahrefs, September 2026):

Italy

56,398 visits a month.

Spain

27,347 visits a month.

Poland

26,014 visits a month.

Germany

10,562 visits a month.

Challenge

The challenge

Bullion is YMYL: your money, your life. Google and AI engines hold financial pages to a higher standard, and buyers compare dealers on trust, premiums and delivery before they pay.

StoneX Bullion needed to win organic search in several languages at once, against established national dealers in each market.

Three constraints shaped the work:

Many markets, one site

Every page had to work in each language, not just be translated.

Large, repetitive catalog

Hundreds of near-identical coin and bar pages, with prices that change by the minute.

Trust first

In a YMYL niche, weak links and thin content hurt more than they help.

What we did

What we did

SEO

Technical foundation

Indexing, site structure and hreflang across every market and language.

Category and product pages

A clear category structure and optimized product pages across a large catalog.

Market-by-market keyword plan

Separate research for each market the site sells in, in the local language.

Content

Buyer guides and explainers

Planned and written by us, for each market.

Link building and digital PR in trust-heavy niches is the core of our work.

Quality over volume

Referring domains grew from 572 to 2,890 (Oct 2023 → Sep 2026, Ahrefs). Not every one of them is a link we built.

Results

Results

Estimated organic traffic per monthAhrefs estimates
0k50k100k150k200k250k300kOct 23Jan 24Jan 25Jan 26Sep 2668,260 Oct 2023257,330 Mar 2025139,317 Sep 2026Oct 2023: 68,260 visits (Ahrefs estimate)Nov 2023: 73,225 visits (Ahrefs estimate)Dec 2023: 92,021 visits (Ahrefs estimate)Jan 2024: 157,173 visits (Ahrefs estimate)Feb 2024: 168,971 visits (Ahrefs estimate)Mar 2024: 193,239 visits (Ahrefs estimate)Apr 2024: 250,064 visits (Ahrefs estimate)May 2024: 200,759 visits (Ahrefs estimate)Jun 2024: 180,127 visits (Ahrefs estimate)Jul 2024: 166,660 visits (Ahrefs estimate)Aug 2024: 176,954 visits (Ahrefs estimate)Sep 2024: 163,123 visits (Ahrefs estimate)Oct 2024: 184,417 visits (Ahrefs estimate)Nov 2024: 148,199 visits (Ahrefs estimate)Dec 2024: 124,015 visits (Ahrefs estimate)Jan 2025: 139,630 visits (Ahrefs estimate)Feb 2025: 193,539 visits (Ahrefs estimate)Mar 2025: 257,330 visits (Ahrefs estimate)Apr 2025: 252,730 visits (Ahrefs estimate)May 2025: 233,239 visits (Ahrefs estimate)Jun 2025: 207,232 visits (Ahrefs estimate)Jul 2025: 197,246 visits (Ahrefs estimate)Aug 2025: 150,602 visits (Ahrefs estimate)Sep 2025: 181,627 visits (Ahrefs estimate)Oct 2025: 189,007 visits (Ahrefs estimate)Nov 2025: 147,244 visits (Ahrefs estimate)Dec 2025: 164,135 visits (Ahrefs estimate)Jan 2026: 236,568 visits (Ahrefs estimate)Feb 2026: 221,820 visits (Ahrefs estimate)Mar 2026: 209,463 visits (Ahrefs estimate)Apr 2026: 141,680 visits (Ahrefs estimate)May 2026: 138,538 visits (Ahrefs estimate)Jun 2026: 134,573 visits (Ahrefs estimate)Jul 2026: 141,949 visits (Ahrefs estimate)Aug 2026: 141,162 visits (Ahrefs estimate)Sep 2026: 139,317 visits (Ahrefs estimate)
stonexbullion.com, all subdomains, all countries. Source: Ahrefs Site Explorer, pulled Sep 30, 2026. Estimates, not the client’s analytics. Figures in the table below.
Metric (Ahrefs estimates)Oct 2023Sep 2026Change
Organic traffic a month68,260139,317+104%
Traffic value a month$12,246$30,682+151%
Keywords in top 31,2172,893+138%
Keywords in top 106,8689,190+34%

What the chart also shows

Traffic peaked in March 2025 at 257,330 visits a month, nearly four times the October 2023 level.

It fell in April 2026

Estimated traffic dropped from 209,463 in March to 141,680 in April (−32%) and has held near 139,000 since. The drop followed a Google algorithm update in April 2026.

Keyword counts beyond page one aren’t comparable over time

Ahrefs’ count of keywords outside the top 10 fell sharply in late 2025, most likely because of a change in how rankings are tracked. That’s why we only report top 3 and top 10.

What we don’t claim

We don’t claim all of this growth. StoneX Bullion’s brand, product range, prices and team drive results too, and bullion demand moves with metal prices.

We also don’t claim results in AI search here. Ahrefs currently counts 8,338 citations of stonexbullion.com pages across AI engines (September 30, 2026), but we have no baseline from before, so it’s a snapshot, not a result.

All traffic figures are Ahrefs estimates, not the client’s analytics.

For other dealers

What this means for other dealers

The work that grew StoneX Bullion is the same work a single-market dealer needs:

A technical foundation

Search engines and AI crawlers can read a big, fast-changing catalog.

Content that answers buyer questions

Written to the standard YMYL topics demand.

Mentions in trusted sources

The publications and lists buyers and AI engines rely on.

We now do this for US precious metals dealers, with AI search visibility measured from day one. Precious metals SEO →

FAQ

StoneX Bullion case study FAQ

How did StoneX Bullion grow its organic traffic?

Through SEO, content and link building in several European markets. Ahrefs estimates its organic traffic grew from 68,260 visits a month in October 2023, the month before we started, to 139,317 in September 2026, up 104%.

Are these real numbers?

They’re Ahrefs estimates, pulled on September 30, 2026. Ahrefs models traffic from rankings and search volume, so treat the numbers as direction and scale, not the client’s analytics. We use the same source for every month, so the trend is comparable.

Did StoneX Bullion’s traffic ever go down?

Yes. Estimated traffic peaked in March 2025 and dropped by about a third in April 2026. We show it on the chart because a case study without the dips isn’t worth reading.

Can you do the same for a US dealer?

We can do the same work: technical SEO, content and digital PR in a trust-heavy niche. We can’t promise the same numbers, because every market and starting point is different. The AI Visibility Audit shows where you stand first.

Want to know where your dealership stands?

The audit shows how you rank, where AI names you, who it names instead, and what to fix first.