1100 Tonnes Now in the GLD Trust

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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gwr1

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1100 Tonnes Now in the GLD Trust

posted on Mar 21, 2009 07:39AM

March 20, 2009 | about stocks: GLD

Tim Iacono

This graphic only gets updated when the world's most popular gold ETF, SPDR Gold Shares (NYSE:GLD), reaches a new milestone - either a one hundred tonne increment in holdings (amounting to about $3 billion in net assets) or when it passes a country's central bank holdings (GLD passed Switzerland a couple weeks ago).
It only seems like this chart appears here a lot because the ETF is adding "tonnes to the trust" at a furious pace - 323 tonnes so far this year, an average of six tonnes per day.