What is the difference between Registered Bars and undivided metal?

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Bars that you have registered are identified as being owned by you. Otherwise the metal you own is an undivided interest in the unregistered bars.

 

Regardless which storage choice you make, all metal stored with Goldmoney is held in allocated form. This storage arrangement with the vault operator means that you are the direct owner of your metal and thereby avoid counter-party risk. 

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