In a world of paper promises, allocated gold stands apart. It means your holding is recorded against identified physical bars, not pooled with a provider’s general stock and not lent out. With allocated gold, you own specific bars (or a recorded share of them), stored with a vault operator and subject to independent checks.
At EONA, every holding is allocated — because it gives clarity about what you own.
Understanding the Difference: Allocated vs. Unallocated
Let’s cut through the jargon.
- Allocated gold means your holding is recorded against specific bars, separately from the provider’s own assets.
- Unallocated gold, by contrast, is a claim on gold. You’re owed metal, but you don’t own specific bars. It can be cheaper to store, but you carry counterparty risk: if the provider fails, your claim may be at risk.
Think of it like the difference between owning a specific house and holding a promise to receive one.
Why Allocated Gold Matters
In volatile markets, custody matters. Allocated gold reduces reliance on a provider’s promise, because your holding is tied to specific bars. It does not protect you from falls in the gold price.
At EONA, your holdings are:
- Recorded against specific bars — separately from EONA’s own assets.
- Stored securely — with Loomis, an independent vault operator, in Dubai.
- Held in an insured vault — Loomis maintains insurance under its own policy (EONA does not promise it covers you directly or in full).
- Independently checked — vault stock is reconciled against EONA’s records.
These are safeguards for the custody of your metal. The value of gold can still rise or fall.
How Allocated Gold Works at EONA
- You purchase gold on the EONA platform.
- We allocate your holding to specific bars held with Loomis in Dubai.
- You can sell back to EONA at any time, with proceeds paid to your verified bank account. (EONA does not currently offer physical delivery.)
- Your holdings and bar allocations are shown in your account, and records are available for your own reporting.
No pooled claims. Clear records. Published costs.