SPDR Gold ETF Holdings Fall 2.735 Tonnes (NYSE:GLD)
September 24th, 2010
The world’s largest gold-backed exchange-traded fund, SPDR Gold Trust (NYSE:GLD), said its holdings fell to 1,301.433 tonnes by Sept 23 from 1,304.168 tonnes on Sept 21. The holdings hit a record at 1,320.436 tonnes on June 29. For details on the gold holdings of the ETF listed in New York and co-listed on other exchanges, click on: www.exchangetradedgold.com/
Following are changes in SPDR holdings: SOURCE: Reuters
Sept 23 1,301.433
Sept 21 1,304.168
Sept 20 1,304.472
Sept 17 1,300.825
Sept 15 1,294.746
Sept 14 1,298.698
Sept 13 1,292.619
Sept 10 1,293.531
Sept 3 1,294.442
Sept 2 1,294.908
Sept 1 1,304.028
Aug 31 1,302.508
Aug 27 1,298.556
Aug 24 1,297.948
Aug 19 1,299.468
Aug 18 1,295.516
Aug 17 1,294.604
Aug 12 1,286.699
Aug 11 1,285.787
Aug 5 1,282.746
Aug 4 1,281.834
July 28 1,282.279
July 27 1,300.829
July 26 1,301.742
July 22 1,302.046
July 20 1,308.128
July 15 1,314.211
July 12 1,314.819
July 9 1,314.515
July 8 1,316.036
July 6 1,316.481
July 2 1,318.915
July 1 1,319.219
June 29 1,320.436
June 24 1,316.177
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Explain the purpose of reducing gold within the ETF when price along with share volume are rising?
Paper gold, what a great ploy.