Paper gold is convenient. Allocated gold is yours. We break down storage, audits and what serial numbers really mean.
Allocated versus unallocated
Unallocated gold is a promise from a bank. Allocated gold is a specific bar with a specific serial number that belongs to you, even if the custodian fails.
Every VAULT 27 gold position maps to LBMA Good Delivery bars in a Zurich vault, audited quarterly by an independent firm.
What it costs
Storage runs at 0.12% per year, billed monthly in the asset of your choice. There are no hidden spreads on conversion.