No, you don’t. With Vivid Invest we offer trading in Precious Metals through bilateral agreements (see below). It is technically not possible to co-own a single bar.
Precious Metals are one-to-one bilateral agreements (so-called OTC derivatives) with a specific metal as an underlying asset. The Fractional Metal performance is fully linked to the price development of the underlying asset. There is no leverage.
For more information please check the article “What is the nature of Precious Metals?”