World's largest gold ETF reports holdings at new high

30 December 2008 @ 12:59 pm EDT

The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust GLD, said its bullion holdings rose nearly 5 tonnes on Dec. 29 to a record high.

The trust, which issues securities backed by physical stocks of gold, now holds 780.23 tonnes of bullion, against 775.33 tonnes on Dec. 26. Its holdings are up 22.1 tonnes or 3 percent from the beginning of December. (Reporting by Jan Harvey; Editing by Anthony Barker)

© Thomson Reuters 2008 All rights reserved

For more mining information, go to www.mineweb.com

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy