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Global gold demand fell 21pct in last quarter as investors pulled out of ETFs

Posted on 18 November 2013

Billionaire hedge fund manager John Paulson, who cut his gold holdings by more than half in the second quarter, maintained his bet on the metal over the next three months as prices rebounded.
Paulson & Co, the largest investor in the SPDR Gold Trust, the biggest exchange-traded product for the metal, held 10.23 million shares as on September 30, unchanged from June 30, according to a government filing on Thursday. Billionaire George Soros took a stake in the Market Vectors Gold Miners ETF………………………………………..Full Article: Source


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