Paulson Cuts SPDR Gold Stake 53% as Soros Sells Entire Holding

Paulson Cuts SPDR Gold Stake 53% as Soros Sells Entire Holding

SeongJoon Cho/Bloomberg

John Paulson the biggest investor in the SPDR Gold Trust, reduced his holdings by 53 percent as the metal plunged into a bear market. George Soros sold his entire position.