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World Gold Council Sets 2026 Pilot to Digitize London Bullion With 'Pooled Gold Interests'

The plan introduces standardized fractional claims aimed at making vaulted bars usable as collateral.

Overview

  • Testing is scheduled for the first quarter of 2026 with a small group of banks and trading houses holding bars through a trust structure.
  • Each pooled gold interest would represent fractional ownership of specific vaulted bullion, transferable within the over-the-counter market.
  • David Tait says the goal is to create a standardized digital layer so gold can support common financial products and margin use.
  • The initiative forms part of the WGC’s multiyear Gold247 program, which includes a supply‑chain ledger and proposed standards for interoperable units.
  • The rollout follows record gold prices and past mixed results for crypto-linked gold tokens, with some London market voices questioning adoption.