Gold hit as Paulson cuts ETF holding - FT.com

Gold hit as Paulson cuts ETF holdings by a third -still the largest holder of the Gold ETF, GLD.  

Mr Paulson sold a third of his holdings in the SPDR Gold Trust in the third quarter, according to a regulatory filing released late on Monday. Nonetheless, his $30bn hedge fund was still the largest holder of the ETF at the end of September, with a stake worth about $3.5bn at current prices.

Read the whole article here: http://www.ft.com/intl/cms/s/0/709711a6-0fb2-11e1-a468-00144feabdc0.html?ftcamp=rss#axzz1dmantu00

Sent from my iPad