What is the difference between allocated and unallocated precious metals storage?

Allocated storage means specific precious metals are separately identified and held for the account. When distributed, the same specifically identified metals are returned.

Unallocated storage means metals are held with other metals of the same type. When distributed, the account receives metals matching the applicable type and specifications rather than the exact items originally deposited.

Storage options and availability may vary depending on the type of precious metal and the depository.

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