Everest Gold purchases 999.9 investment-grade gold from Metalor, an authorised dealer.
The gold is stored securely in a custodian vault, SGPMX (Singapore Precious Metals Exchange), in Singapore.
Everest Gold issues EGU onto the platform via Gold Subscription Events. Investors can buy and sell gold on the platform.
Investors have the option to collect physical gold bars with EGU by submitting a request via the Everest Gold platform.