30.06.2010 - Gold ETF holdings grow by 114pct in two years
From Commodityonline.com: The steady rise in gold ETF investment since mid-Q4 2008 neatly symbolizes gold’s recovered defensive status against Big Fear. Gold ETF holdings have grown by 114% since early September 2008, to more than 65 Moz by 15 June 2010. Since then (and up to 15 June) the UK ETF has grown from 1.6 Moz to 4.3 Moz; the SPDR, which accounts for about two-thirds of all gold ETF holdings, has risen by 113% to almost 42 Moz; and the Indian ETFs have managed to rise 143%, to 0.3 Moz and..............................................Full Article: Source
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