08.07.2016 - World’s largest gold ETF enjoying record year
One of the world’s largest gold ETFs is having a heck of a year so far. After weathering three years of declining gold prices, SPDR Gold Shares is having its best year ever, according to a Mining.com report. So far this year, the fund’s assets under management have risen by $18.5 billion. SPDR Gold Shares is a giant among physically backed exchange-traded gold products. It holds 48.8% of the global total – about 950 tonnes, currently worth about $40.3 billion, Mining.com reported...............................................Full Article: Source
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