USGOLD positions cannot be transferred to another broker, dealer, or anywhere. Positions in spot USGOLD may only be closed in the trading platform, or delivered into physical gold pursuant to the instructions below.
Does IBKR provide any loan value for unallocated US Spot Gold positions?
No. Unallocated US Spot Gold will be subject to a 100% margin requirement. This means that IBKR will not allow you to borrow money using unallocated gold as collateral. Similarly, your fully-paid unallocated gold positions cannot be used as collateral to purchase or maintain securities positions…
Does IBKR allow short sales of unallocated US Spot Gold?
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…