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Investing in Gold ETF&ETC snapshots

Thursday, January 29, 2009
Globally, physical gold ETCs have now accumulated USD30 bn in assets and trade up to USD1 bn per day.

A SQUARE :: 29Jan09 Investing in Gold ETF&ETC snapshots
Category ETFs
Author Extract
“The total amount of gold held by the world’s gold ETFs last week rose above 40m ounces for the first time, consolidating the investment vehicles as the largest holders of physical gold after the official reserves of the US, Germany, the International Monetary Fund, France and Italy.”
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