Goldâ€™s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp

Goldâ€™s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp

Published by InformedTrades
07-24-2008

Goldâ€™s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp

Goldâ€™s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp

Gold bullion holdings in the worldâ€™s largest gold exchange traded fund (ETF), SPDR Gold Shares (GLD), reported a net inflow of five tons for the second quarter, making for a total of 948 tons. The price of gold averaged $896.29 an ounce ...

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