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Home > Assets in biggest gold bullion ETF tumble most since last year

Assets in biggest gold bullion ETF tumble most since last year

Submitted by cpowell on Wed, 2014-12-24 12:29 Section: Daily Dispatches

By Millie Munshi and Phoebe Sedgman
Bloomberg News
Wednesday, December 24, 2014

Investors in the world's biggest exchange-traded product backed by bullion sold the most gold in 18 months as the U.S. economic recovery cut demand for a haven.

Holdings in the SPDR Gold Trust fell 1.6 percent yesterday to 712.9 metric tons, the biggest drop since June 2013. Assets declined to the smallest since September 2008. ...

... For the remainder of the report:

http://www.bloomberg.com/news/2014-12-24/gold-assets-in-biggest-bullion-... [1]



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Source URL: http://www.gata.org/node/14905

Links
[1] http://www.bloomberg.com/news/2014-12-24/gold-assets-in-biggest-bullion-etf-tumble-most-since-13.html
[2] http://MoneyMetals.com
[3] http://cambridgehouse.com/event/33/vancouver-resource-investment-conference-2015
[4] https://jeffersoncompanies.com/landing/2014-av-powell
[5] http://www.goldrush21.com/order.html
[6] http://gata.org/tshirts
[7] http://gata.org/node/wallstreetjournal
[8] http://www.gata.org
[9] http://www.gata.org/node/16