Economic Calendar

Wednesday, October 1, 2008

SPDR Gold Holdings Advance 3.1 Tons to a Record, Data Show

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By Stuart Wallace

Oct. 1 (Bloomberg) -- Gold in the SPDR Gold Trust, the largest exchange-traded fund backed by bullion, advanced almost 3.1 metric tons to a record.

Gold held by the company rose to 755.3 tons on Sept. 30 from 752.2 tons on Sept. 29, according to figures posted on the company's Web site. That would rank the fund eighth worldwide when compared with central bank holdings, according to data from the World Gold Council.

To contact the reporter on this story: Stuart Wallace at Swallace6@bloomberg.net


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