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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


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