Economics
Gold Assets in Biggest ETP Surge Most Since 2010 on Haven Buying
This article is for subscribers only.
Holdings in the SPDR Gold Trust, the biggest exchange-traded product backed by the metal, surged the most in more than four years.
Assets in the SPDR fund, which counts billionaire John Paulson as its biggest holder, jumped 1.9 percent to 730.89 metric tons on Jan. 16. That’s the biggest gain since May 25,