What is the difference between allocated and unallocated gold?

All gold purchased on Vaultoro.com is Allocated gold

Vaultoro.com enables anyone in the world to buy allocated investment grade gold bullion at wholesale cost through a global marketplace. All gold is allocated gold secured in the user's name as their legal property. The investor has no exposure to any third parties financial situation and their gold is secured by one of Europe's most established private vaulting facilities BRINKS, fully insured. For trading purposes a small percentage of the gold will be stored in a high security deposit at our partner gold trader facilities

What is the difference between allocated and unallocated gold?

Allocated gold means that the gold is physically held in secure storage and outright owned by you. All gold is secured in a high-security vaulting facility (Brinks Switzerland). It is one of the largest vaulting companies in Europe. 

"unallocated" gold is something you always want to stay away from. With unallocated gold there are no specific gold bars set aside, clients are in fact owed metal by the trading company, broker, bank or refinery that provides the service. Buying unallocated gold exposes investors to the financial situation of the seller because it is carried purely on the company’s accounts or balance sheets. If anything was to happen to the company like bankruptcy then investors would have to hope and wait in line to try and recover their share of gold. The terrible truth is that with unallocated gold holdings there doesn't have to be any gold held for the account! Unallocated gold is simply a promise to pay back rather than physically held gold held as the users legal property.

Vaultoro.com only offers allocated gold secured in a top-tier vaulting facility in Switzerland.

Because all gold on Vaultoro is allocated, no client’s gold is part of Vaultoro’s balance sheets or books. This means that a liquidator could not access your gold in the unlikely event of Vaultoro’s or the vault operator’s financial failure. You are the owner of your gold, not Vaultoro or the Vault operator. We highly recommend the use of allocated gold because it is very well protected, not only physically but from default as well.

Feedback and Knowledge Base