Biggest Gold ETP Holdings Fall in Longest Decline on Record

Assets in the SPDR Gold Trust, the biggest exchange-traded fund backed by the precious metal, dropped in the longest slump on record as the U.S. economy improves and prices fell.

Holdings declined 12 metric tons to 1,258.40 tons, the lowest since August, according to data on the fund’s website yesterday. The assets have fallen for seven sessions, the longest stretch since the fund was introduced in 2004.