Precious metals intelligence

Tokenized Gold Explained

Tokenized gold puts a claim on physical gold onto a public blockchain. The custody, audit, and redeemability terms matter more than the token mechanics.

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Backing models

Major tokens (PAXG, XAUT) claim one-to-one backing in allocated London vault gold. Audit cadence, custodian identity, and bar list disclosure vary by issuer.

Redeemability

Some tokens allow physical redemption at a minimum size, often one Good Delivery bar. Below that threshold, holders can only sell tokens, not claim the underlying gold.

vs ETF and physical

Tokens add programmability and 24/7 trading. They add smart-contract risk and issuer counterparty risk that ETFs and physical do not have. Allocate accordingly.

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Disclosure

APMEX

Broad bullion catalog

Coins, bars, and market references.

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JM Bullion

Retail bullion pricing

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SD Bullion

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Money Metals

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Useful for physical-market terms.

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Data and financial disclosure

MetalBrief publishes market information, tools, indicators, and educational context, not account-specific investment, legal, tax, or financial advice. FX conversions, macro proxies, headlines, RSI, support, resistance, and opportunity scores are derived unless labeled as market data.