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SPDR Gold Trust ETF liquidates 7.63 tonnes of gold
As far as ETF holdings are concerned, the SPDR Gold Trust ETF, the largest gold-backed ETF, liquidated 7.63 metric tonnes from its gold investment holdings yesterday. Some of this activity was offset however by ETF Securities Ltd, which showed a 3,934oz increase yesterday to 8.4 million ounces. Support and resistance are at $985 and $1,014 respectively today. Read News
