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Paulson Maintains SPDR Gold ETP Stake as Metals Prices Rally

  • At end of June, Paulson & Co. owned 4.8 mln SPDR Gold shares
  • Gold futures have climbed 27 percent this year on Comex
Updated on

Billionaire hedge-fund manager John Paulson maintained his holding in the world’s biggest exchange-traded product backed by gold as prices posted the best first half in almost four decades.

At the end of June, Paulson & Co. owned 4.8 million shares of SPDR Gold Shares, a U.S. government filing showed. That was unchanged from the end of March, when the firm cut its stake for a second straight quarter.