By Claire Leow
Feb. 23 (Bloomberg) -- Gold holdings in the SPDR Gold Trust, the biggest exchange-traded fund backed by bullion, advanced 4.4 percent to a record last week, according to figures on the company’s Web site.
The fund held 1,028.98 metric tons of bullion as of Feb. 20, just behind the 1,040 tons held by Switzerland, the sixth- largest stockpile. Gold for April delivery surpassed $1,007 an ounce in New York on Feb. 20, the highest for a most active contract since March. Gold for immediate delivery was little changed at $990.76 an ounce at 10:40 a.m. in Singapore today.
To contact the reporter for this story: Claire Leow in Singapore at cleow@bloomberg.net
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