What does allocated and unallocated gold mean?
When a customer trades for allocated gold bars, they receive ownership rights to specific gold bars that are held in a precious metal dealer’s vault on the customer’s behalf. Allocated…
When a customer trades for allocated gold bars, they receive ownership rights to specific gold bars that are held in a precious metal dealer’s vault on the customer’s behalf. Allocated…
Since one PAX Gold (PAXG) token always equals one fine troy ounce of London Good Delivery gold, one PAXG token always refers to pure gold, regardless of the impurities that…
“Good Delivery” is the highest quality, investment-grade gold. It is a specification system standardized by the London Bullion Market Association (LBMA). To be deemed London Good Delivery, a bar of…
A fine troy ounce is the standard unit of measurement for gold. It considers both the purity of the metal (fineness) and its weight (troy ounce). Paxos uses a fine…
New US Dollar-Backed Token to be Listed on Huobi Global in July LOS ANGELES and NEW YORK, July 17, 2019 /PRNewswire/ -- Stable Universal Limited, a U.S.-based crypto startup venture, today announced it will…