Holdings of SPDR Gold Trust registered its biggest one-day gain in more than a year, rising 1.8 percent on Monday as investors flocked to seek refuge in bullion amid economic concerns triggered by a debt downgrade of the United States.
The world's largest gold-backed exchange-traded fund said its holdings rose to 1309.93 tonnes at the end of Monday's trading session, from 1286.30 tonnes on Friday. SPDR's holdings are now closer to its record 1,320.436 tonnes on June 29, 2010.
MasterMetals (@mastermetals) 8/9/11 9:37 AM SPDR Gold Trust holdings see largest one-day gain in more than a year http://goo.gl/fb/wqFHW #MasterMetals |
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