As gold price keeps upward trend, miners settle for organic growth

Despite dubbing it ‘the ultimate bubble’, billionaire George Soros is reportedly continuing to hold gold. The hedge-fund legend - whose Soros Fund is said to hold a $645-million in gold - has made his “gold is the ultimate bubble” comment...

Q1 inflow to gold ETFs was highest ever – World Gold Council

Investors bought a record 469 t of gold through exchange-traded funds (ETFs) during the first three months of this year, as ongoing risk aversion, uncertainty over consumer price outlook and an appetite for effective portfolio diversification...

ETFs may hit $1-trillion level by 2010 – Absa Capital

Exchange-traded funds (ETFs) are among the fastest-growing investment instruments worldwide, says Absa Capital’s head of ETFs and index products, Vladimir Nedeljkovic. When ETFs were first started in the US in 1992, they were limited to...

ETFs may hit $1-trillion level by 2010 – Absa Capital

The ETFs market was relatively quiet until 1999, when it grew in prominence globally. Currently, ETFs worth $700-billion are listed worldwide. Some researchers have estimated that the ETFs market could reach the $1-trillion mark by the end of 2009...

Gold exchange-traded funds buy 72 t in Q1 - WGC

Investors bought 72 tonnes of bullion through gold exchange-traded funds (ETFs) in the first quarter of 2008, bringing the total to 943 tonnes as gold scaled a record high during the period, the industry-sponsored World Gold Council (WGC) said on...