Bullion custody, explained clearly.

Allocated custody means metal is identified in the custody records as client property rather than recorded only as a general claim for a quantity of metal.

Not always. Allocation concerns legal and inventory identification; segregation concerns physical separation. Your proposal and custody agreement specify the arrangement offered.

Potentially. Acceptance depends on provenance, condition, form, refiner or mint, supporting documents and the result of authentication and compliance checks.

The applicable custody proposal describes when coverage begins, the valuation basis, limits, exclusions, insurer or broker evidence available, and treatment during transport.

The custody agreement documents ownership and balance-sheet separation. Clients should review the agreement and independent legal advice rather than rely on a general website statement.

Subject to identity, authority, compliance and fee checks, eligible holdings may be released through an approved insured delivery or collection process.

The process may include document review, visual inspection, weighing, dimension checks, conductivity or ultrasound testing, and assay where required.

No. Aurum provides custody and related operational services. Clients should obtain independent investment, tax and legal advice.