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    gold investing

    New York gold ETFs see outflows in Jan

    Investing News Network
    Feb. 03, 2010 09:40AM PST
    Precious Metals

    The world’s largest gold-backed exchange-traded fund, New York’s SPDR Gold Trust (GLD), reported that its holdings fell 21.7 tonnes or 1.9 percent in January, against a rise of 63.36 tonnes or 8.1 percent in the same month of 2009.
    The press release is quoted as saying:
    Data showed the trust, which issues securities backed by physical stocks […]

    The world’s largest gold-backed exchange-traded fund, New York’s SPDR Gold Trust (GLD), reported that its holdings fell 21.7 tonnes or 1.9 percent in January, against a rise of 63.36 tonnes or 8.1 percent in the same month of 2009.

    The press release is quoted as saying:

    Data showed the trust, which issues securities backed by physical stocks of gold, held 1,111.922 tonnes of bullion on Friday, the last trading day of January, against 1,133.622 tonnes on Dec. 31.

    Click here to access the entire press release

    gold investing
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