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Gold Grab Back on as ETF Holdings Rise

Posted on 03 July 2014

Although exchange traded funds backed by physical holdings of gold, such as the SPDR Gold Shares, have gained over 8% this year, investors have been reluctant to return to gold ETFs after scurrying out of the funds last year.
Reluctant until now. Geopolitical tensions in the Middle East and Eastern Europe coupled with some help from the Federal Reserve have helped gold recapture investors’ attention. GLD and rivals such as the ETFS Physical Gold Shares and the iShares Gold Trust gained about 6% last month, convincing some investors to return to gold ETFs……………………………………….Full Article: Source


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