Gold ETF Ranks Between China and France in Bullion Holdings
Posted on October 23, 2012 at 06:00 AM EDT
If the $74 billion SPDR Gold Shares (NYSEArca: GLD) was a central bank it would rank fifth on the list for largest bullion holdings, right between China and France. GLD, the largest gold ETF, holds about 1,334 metric tons of gold, or nearly 43 million ounces. The fund controls less than France,...