Unallocated metal

Flexible and cost-effective, unallocated metal remains under our custody until you choose to convert or sell.Invest in precious metals without arranging physical storage and insurance.

Compare the cost of unallocated and allocated metal to make an informed decision about your potential investment.

Buy unallocated metal

Live prices compared with the equivalent allocated metal.

Gold

£3,249.38

/ozt

3,701.63 13% cheaper than allocated

Silver

£48.87

/ozt

55.10 12% cheaper than allocated

Platinum

£1,302.62

/ozt

1,572.87 18% cheaper than allocated

Palladium

£1,000.03

/ozt

1,135.08 12% cheaper than allocated

What is unallocated metal?

Unallocated metal is not assigned to a specific customer holding. It remains under the custody of Baird & Co. until you decide to allocate it, take delivery or sell it.

Allocated vs unallocated metal

Allocated metal is specifically assigned to your account. Unallocated metal offers a lower-cost, flexible route that can be converted to allocated metal or sold back at any time.

Benefits of unallocated metal

Cost savings

Purchase precious metal at a lower premium than the equivalent allocated product.

Secure custody

Your metal remains under Baird & Co.’s custody without separate storage arrangements.

Flexible exit

Convert to allocated metal or sell your unallocated holding back to the market.

Frequently asked questions

Can I convert unallocated metal to allocated metal?

Yes, you can convert unallocated metal to allocated metal at any time. This allows for easy access to physical metal without the need for storage or insurance.

Is unallocated metal insured?

Unallocated metal is not insured, as it remains under the custody of the mint. However, the mint is responsible for the safekeeping of the metal.

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