Sat, Jul 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Gold Assets in Biggest ETF Posts Largest Two-Day Gain Since 2011

Posted on 02 July 2014

After shunning gold for more than a year, investors are starting to test the waters as they snap up holdings in the world’s largest bullion exchange-traded product at the fastest pace since 2011.
Assets in the SPDR Gold Trust, which counts Billionaire John Paulson as its biggest holder, rose 1.4 percent to 796.39 metric tons in the two sessions through yesterday. That’s the biggest two-day gain since November 2011. Last year, more than 550 tons were sold from the fund as prices plunged 28 percent, the most in three decades………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031