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Under the hood: How GLD works

Posted on 20 November 2012

The SPDR Gold Trust is by far the largest and most popular commodity ETF in the world. The physically-backed gold fund has more than $74 billion in total assets and sees more than eight million shares trade on a daily basis. Not only is it the most popular commodity ETF, but it is also the second largest ETF in the world, and even briefly held the first place slot in 2011.
But for all of the recognition and press this fund gets, few actually know how the fund holds its physical gold, which may be some of the reasons that controversy has emerged surrounding this product………………………………………..Full Article: Source


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