Commodities
Allocated Gold
Definition
What is Allocated Gold?
Gold held as specifically identified bars owned by the investorA person or organisation that commits capital with the expectation of a financial return..
Example in practice
How This Looks in Practice
The custody statement lists individual bar numbers.
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Related Terms
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Precious Metal
A scarce metal commonly held for industrial use, jewellery, or investment.
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A precious metal used as jewellery, an industrial input, a reserve asset, and an investment.
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A precious metal with both investment demand and extensive industrial use.
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A company that finances producers in exchange for a percentage of revenue or output.