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What is vaulted gold?

What exactly does the term vaulted gold stand for?

October 24, 2011

One Answer

  1. Trustable Gold Posted 

    Vaulted gold stands for physical gold bullion which is professionally stored in high-security vaults. A buyer of vaulted gold acquires outright ownership in physical gold with the option to take delivery.

    Vaulted gold means allocated gold, i.e. the investor legally owns the specific gold bars or coins. Unallocated gold accounts – which effectively only provide claims against the issuer – do not qualify as vaulted gold.

    Trustworthy providers of vaulted gold ensure that the gold is stored by an independent vault operator (custodian) and insured, and that the gold holdings are regularly inspected/audited by professional auditing firms.

    More information on vaulted gold.

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