Does IBKR provide any loan value for unallocated US Spot Gold positions?

The term "fully paid securities" refers to securities held in a client's margin or cash account that have been completely paid for and are not being pledged as collateral to support the purchase of other securities on margin. The term is relevant from a regulatory perspective as the SEC requires that U.S. broker dealers segregate and maintain in a good control location (e.g., DTC or bank) all client securities which are fully paid. Such securities cannot be pledged or loaned to finance the activities of the firm or other clients…

The Stock Yield Enhancement Program provides customers with the opportunity to earn additional income on fully-paid securities positions which would otherwise be segregated (i.e., fully-paid and excess margin securities) by permitting IBKR to lend out those securities to third parties. Customers who participate in the program are provided with cash collateral while securities are on loan and receive 50% of the market-based rate (%) as income. …

IBKR does not allow short sales of unallocated US Spot Gold. IBKR only allows purchases of US Spot Gold. Clients seeking to profit from falling gold prices may obtain this exposure via futures contracts, options on futures contracts and/or short sales of various gold ETFs…

Yes, you may take delivery of only a portion of your unallocated gold position.

Additional Information…