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Wednesday, June 23, 2010

SPDR Gold Trust (NYSE:GLD) Continues Record Amount of Gold Held

The SPDR Gold Trust (NYSEArca:GLD) reached record levels of gold they hold again, as on their website they show they've increased their gold holdings to 1,313.13 metric tons as the close of the trading session on Tuesday. It rose slightly to 1,313.14 metric tons about 12:30 PM EDT on Wednesday.

So far in 2010, the gold ETF has increased by 13.2 percent, and is valued at $52.2 billion, while holding assets worth $38.54 billion.

Since the latter part of 2009, the fund has added close to 180 metric tons of gold to its holdings.

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