08.05.2009 - Investors flock to traded funds
From FT: Gold exchange traded funds, investment vehicles that make buying bullion easier, only started life in 2003 but their rapid rise in popularity means they have collectively become one of the most significant holders of gold. Dubbed the “people’s central bank”, ETFs’ combined holdings stand at 1,654 tonnes, making these funds the world’s sixth largest gold holder.......Full Article (Registration Required) : Source
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