The Workings Of The London Bullion Market

Of course this video discloses nothing on the ratio of unallocated to allocated accounts or all vault locations.

From the LPPM:

“Unallocated Accounts

These represent the most straightforward and hence most popular way of trading,”

and

“UNALLOCATED ACCOUNT

An account where specific bars are not set aside and the customer has a general entitlement to the metal. This is the most convenient, cheapest and most commonly used method of holding metal. The holder is an unsecured creditor.”