Gold vs. silver: one token design

$MILG and $MILS are built on the exact same standard — one token, one milligram of allocated metal, vaulted and verifiable on Hedera. The difference between them isn't the model, it's the metal.

Same standard, different metal

Both tokens redeem in whole-coin US Eagles: $MILG for Gold Eagles, $MILS for Silver Eagles, at 31,103.4768 tokens per troy ounce either way. Both carry the same 0.065%monthly holding fee, the same buy/sell spread structure, and the same self-custody option on Hedera.

Why the price-per-token differs

Gold trades at a much higher price per troy ounce than silver, so a milligram of gold costs more than a milligram of silver. That's simply the market price of the underlying metal flowing through — it isn't a different fee structure or a different product design. Try the calculator to see current reference prices for both.

Choosing between them

Some holders choose gold, some choose silver, and some hold both — Miligram doesn't recommend an allocation between them. Nothing here is financial advice; it's simply a description of how the two tokens are built.