A new framework has been proposed by the World Gold Council, Linklaters, and Hilltop Walk Consulting to modernize the global gold market. The system, called Pooled Gold Interests, allows investors to own a share of physical gold stored in vaults, including in small amounts, making gold easier to trade and use as collateral in financial markets. Currently, gold is traded as allocated or unallocated, but the new structure aims to simplify the process and reduce risks, following industry consultations and reviews by the Financial Markets Standards Board.

Read more at Yahoo Finance: World Gold Council launches digital gold initiative with Linklaters, Hilltop Walk