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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs, Investment more

Investors flock to traded funds

Posted on 08 May 2009

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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