Articles Tagged "SPDR Gold Trust"

Increase in Net-Long Positions Suggests Gold Poised to Rally

CFTC data suggests that hedge funds are holding their biggest bet on higher prices since mid-September. Money managers raised their combined net-long position in US futures and options by 6.8 percent to 148,279 contracts in the week ended Nov. 1.

Resource Investing with Exchange Traded Funds Part 1

ETFs have generated interest among investors, who purchased $277 billion of commodity ETFs and related securities by the end of 2009, attracted primarily to the potential of low costs, stock-like features and relative tax efficiency as well as profiting from exposure to raw materials’ global demand.

Gold Price Rebounds

By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world’s largest gold-backed exchange-traded fund’s holdings set a record and Wednesday’s equity rally fizzled out, boosting the appeal of gold as a safe investment. Spot gold rose to $913.15/$914.15 an ounce from $906.65 [...]

SPDR Gold Trust holdings surge 30 T to record -source

Thomas Financial News reports the world’s largest gold-backed exchange-traded fund, New York’s SPDR Gold Trust jumped by around 30 tonnes on Monday which is the 2nd biggest in one day. Total holdings jumped to over 750 tonnes — about a third of global gold mine output — which appeared to be a new record high, and [...]