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SPDR Gold Trust Looms Large on Fears of Economic Instability
Jun. 01, 2011 01:59PM PST
Precious Metals InvestingBloomberg reported on how the SPDR Gold Trust has affected investment activity.
Bloomberg reported on how the SPDR Gold Trust has affected investment activity.
The market news is quoted as saying:
Before the World Gold Council started its exchange-traded fund, or ETF, in 2004, gold was treated by investors much like diamonds, paintings, or other collectibles, says Jason Toussaint, managing director at the council.
