Table of Contents
The World Gold Council launched a digital-gold framework called “Pooled Gold Interests” (PGIs) to let investors hold fractional shares of vaulted bullion and use them more easily in trades and as collateral. The industry body, working with Linklaters and Hilltop Walk, announced framework as gold markets seek modern rails, while the Financial Times outlined trial set for London.
PGIs aim to blend the strengths of allocated and unallocated gold while reducing operational risk. Yahoo Finance summarized plan for small-ticket ownership and faster transfers between parties. “We are trying to standardise that digital layer of gold,” said David Tait, CEO of the World Gold Council.
Tokenized commodities turn claims on real metal into digital units recorded on secure systems. This can lower costs, support instant settlement, and help banks and asset managers move collateral across venues. PGIs would sit beside today’s allocated and unallocated accounts and could make it simpler to post gold against trades.
Gold demand has been firm this year, and prices set records. Market interest has shifted toward products that improve transparency and make bullion more useful in finance. The Council has pushed digitization for years; PGIs are the latest step in that path.