Forms of Gold Custody

Precious Metals Account/ETC

Contractual claim that can be settled in cash or in kind. In some cases, the claim is collateralized.

Collective custody

Co-ownership of physical gold held in segregated custody by a third party.

Individual custody

Sole ownership of allocated physical gold held in segregated custody by a third party.

Safe deposit box

Sole ownership and possession of physical gold held in a safe deposit box situated in a third party vault.

Home safe

Sole ownership and possession of physical gold held in a safe at home.

Now, let's analyze how these custody arrangements compare to each other: "Gold Standard" of Gold Custody