Soros Sells Most of Gold ETP Holdings During First Quarter

- May 17th, 2011

Bloomberg reported that investor George Soros divested many of his gold trust shares and invested in gold miners.

Bloomberg reported that investor George Soros divested many of his gold trust shares and invested in gold miners.

The market news is quoted as saying:

Soros Fund Management LLC held 49,400 shares of SPDR Gold Trust as of March 31, compared with 4.721 million at the end of the fourth quarter, the filing today with the U.S. Securities and Exchange Commission showed.

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