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Biggest gold ETP holdings tumble in longest decline on record

Posted on 28 February 2013

Assets in the SPDR Gold Trust, the biggest exchange-traded fund backed by the metal, dropped in the longest slump on record as the U.S. economy improves.
Holdings fell 12 metric tons, or 0.9 percent, to 1,258.40 tons, the lowest since August, according to data on the fund’s website today. The assets have fallen for seven straight sessions, the longest stretch since the fund was launched in 2004………………………………………..Full Article: Source


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