What is the difference between allocated and unallocated gold?

Allocated or unallocated gold

Allocated gold means you have direct ownership of a specific gold bar or a portion or segment of a bar. In the event of a Gilded or Brinks bankruptcy, direct ownership confirms that you are the owner of the gold and not a creditor of the bankrupt party. By comparison, unallocated gold means ownership of gold in a pool of gold holdings – with unallocated gold no specifics such as serial number or refinery hallmarks are available to the individual investors.  If the custodian of unallocated gold files for bankruptcy, you are classified as a creditor of the custodian.

All gold purchased through Gilded is fully allocated gold, custodied by Brinks.