Under the Hood: How GLD Works
By: Commodity HQ
Posted on November 19, 2012 at 15:00 PM EST
The SPDR Gold Trust ( GLD ) is by far the largest and most popular commodity ETF in the world. The physically-backed gold fund has more than $74 billion in total assets and sees more than eight million shares trade on a daily basis. Not only is it the most popular commodity ETF, but it is also the second largest ETF in the world, and even briefly held the first place slot in 2011. But for all of the recognition and press this fund gets, few actually know how the fund holds its physical gold, which may be some of the reasons that controversy has emerged surrounding this product [for more GLD news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Why Peter Schiff Is Embracing The Fiscal Cliff 5 Legendary Commodity Investors Schiff: This is the Calm Before the Storm 3 Commodity ETFs Flying Under Your Radar: CORN, GASZ, UBG Gold and Silver ETFs Soar After Obama Re-election
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