A gold exchange-traded fund (ETF) known as SPDR recently became the largest ETF by value in the world.

最近，一支名为“标准普尔指数存托凭证”(SPDR)的黄金交易所交易基金(etf)成为全世界市值最大的交易所交易基金。

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Ken Morrison, editor of the online newsletter, Morrison on the Markets, pointed out that the rally has come with a steady level of open interest in futures and no change in the net ownership of the SPDR Gold exchange-traded fund (GLD) since Dec. 22.

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Reports overnight said major investors George Soros and John Paulson have significantly increased their holdings in the largest gold-backed exchange traded fund, SPDR Gold Trust.

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The Market Vectors Gold Miners exchange-traded fund rose 4.8% over the same period and the SPDR Gold Trust ETF ticked up 1.9%.

FORBES: Magazine Article