Vaulted gold
From Wikipedia, the free encyclopedia
Vaulted gold denotes gold bullion stored in bank vaults.[1] Buyers of vaulted gold obtain outright ownership of the physical gold which is held for them in a vault. This is unlike structured gold products such as Gold based exchange traded funds (ETFs) which only reflect the price of gold while the investor has no ownership of the gold.
This article needs additional citations for verification. (October 2012) |
Vaulted gold typically comes with withdrawal or delivery options for a fee, i.e., investors can request delivery of their holdings or pick up holdings directly from the vault.