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Gold ETF Posts Biggest Quarterly Outflow Since 2004

April 01, 2011

The world's largest gold-backed exchange-traded fund, New York's SPDR Gold Trust, posted in the first three months of 2011 its biggest quarterly drop since inception as the prospect of interest rate hikes and gains in other commodities drove investors to sell.

Source: http://www.cnbc.com/id/42370420?__source=RSS*tag*&par=RSS
 
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