Learning Hub

Learn physical metals
from the ground up.

The Alloy Academy Learning Hub is built around the mechanics of real metal.
The curriculum moves from product fundamentals to ownership and custody, then into the operational structure of physical trading, settlement and institutional supply.
Three pathways
The individual educational materials will sit within the pathways below.
Level 1
Foundations
6 topics
Level 2
Ownership & Custody
6 topics
Level 3
Desk & Market Mechanics
6 topics
Level 1 — Foundations

Understand the product before
the market.

This level introduces the basic characteristics of physical precious metals.
Physical Precious Metals: A Practical Guide to Bullion
Understand what qualifies as bullion and how physical metal differs from other forms of precious-metals exposure.
Read
Bars, Coins, Cast and Minted Bullion: Key Differences
Learn how bars, coins, cast and minted products differ in handling, divisibility and premiums.
Read
Fineness and Purity Standards for Physical Precious Metals
Learn what 999, 999.9 and 916.7 fineness mean and how purity defines fine-metal content.
Read
Troy Ounces, Kilograms and Physical Bullion Specifications
Understand troy ounces, kilograms and how weight and purity together define a bullion product.
Read
Physical Metal Ownership vs Financial Market Exposure
Discover the difference between owning identifiable bullion and holding a financial claim on metal prices.
Read
How Product Form and Availability Affect Bullion Pricing
See why product form, fabrication and availability make physical premiums move independently of spot.
Read
Ownership & Custody Materials — Coming to the Learning Hub
Level 2 — Ownership & Custody

Understand what ownership actually means.

This level focuses on the difference between having economic exposure to metal and holding title to identified physical metal.
From Agreed Price to Written Bullion Trade Confirmation
Learn how an accepted firm quote becomes a written, referenced trade ready for settlement.
Read
Trade References, Funds Confirmation and T+0 Allocation
Understand how trade references and confirmed funds lead to same-day allocation of identified metal.
Read
Principal Dealing Desks vs Electronic Order-Book Trading
Compare principal dealing with order-book trading and see why the counterparty matters in physical settlement.
Read
Why Settlement Matters in Physical Precious Metals
Discover how payment, allocation and records turn an agreed price into documented physical ownership.
Read
Stored Bullion vs Physical Delivery: What Changes?
Understand what changes between keeping metal in professional custody and taking physical delivery.
Read
Insured Shipment, Armoured Collection and Final Delivery
Follow the final journey of bullion from withdrawal instruction to insured transport and receipt.
Read
Ownership & Custody Materials — Coming to the Learning Hub
Level 3 — Desk & Market Mechanics

Understand what happens behind a physical trade.

The advanced pathway examines how a professional physical-metals desk prices, settles, verifies and manages metal.
How Physical Precious Metal Buy-Back Actually Works
Learn how dealers identify returned metal and set buy-back prices on the bid side.
Read
Assay, Weighing and Verification of Precious Metals
Understand how weighing and assay establish the true metal content before settlement.
Read
Standard Bullion, Third-Party Metal and Scrap Explained
Learn why standardized bullion, third-party products and scrap are verified and valued differently.
Read
Using Physical Precious Metals as Loan Collateral
Discover how bullion can secure a loan, how loan-to-value works and why the metal stays stored.
Read
Liens, Title and Control of Pledged Precious Metals
Understand how a lien restricts control of pledged bullion even when ownership is retained.
Read
Selling Bullion vs Borrowing Against Physical Metal
Compare selling metal with borrowing against it across ownership, price exposure and obligations.
Read
Ownership & Custody Materials — Coming to the Learning Hub
The physical chain

Built to explain the real transaction

Alloy Academy does not treat precious metals as an abstract ticker.
The Learning Hub follows the physical chain:
Metal
Specification
Price
Trade
Settlement
Allocation
Custody
Delivery or Resale

Looking to transact rather than study?

Alloy Academy is an educational platform.
For current inventory, firm pricing, storage, selling, financing or industrial supply, contact the physical-metals desk at Alloy Capital Commodities Inc.