SPDR Gold Trust holdings fall 10.38 tonnes

TOKYO, July 30 Thu Jul 30, 2009 4:09am IST

Stocks

   

TOKYO, July 30 (Reuters) - The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust (GLD), said holdings fell 10.38 tonnes, or about 1 percent, to 1,072.87 tonnes as of July 29 from the previous business day.

It is the second day in a row that holdings fell.

For details on gold holdings by the ETF listed in New York and also co-listed on other exchanges, click on:

here

Holdings in the trust, which issues securities backed by physical stocks of gold, have declined recently due to fading worries about inflation, which has sapped investors' appetite for bullion as a hedge. XAUEXT-NYS-TT.

Following are changes in SPDR holdings;

Date: Total tonnes

July 29 1,072.87

July 28 1,083.25

July 22 1,086.61

July 21 1,092.41

July 17 1,094.54

July 16 1,094.85

July 14 1,094.54

July 8 1,109.81

July 6 1,120.19

June 30 1,120.55

June 25 1,125.74

June 22 1,131.24

June 5 1,132.15

June 3 1,132.50

June 1 1,134.03 -- record

May 22 1,118.76

May 13 1,105.62 (Reporting by Chikako Mogi; Editing by Edwina Gibbs)

Economic Pulse

REUTERS SHOWCASE

Banking Sector

Banking Sector

India's laggard state lenders face tough sell on capital raising plan  Full Article 

Falling Oil Prices

Falling Oil Prices

Saudis signal no push for oil cut as market to "stabilise itself"  Full Article 

Raising Stake

Raising Stake

Nippon Life to raise stake in Reliance Capital fund unit  Full Article 

Sterilisation Camps

Sterilisation Camps

Sterilisation targets remain in all but name, critics say  Full Article 

Share Buyback

Share Buyback

Samsung Electronics to buy back $2 billion in shares  Full Article 

Bird Flu Scare

Bird Flu Scare

India orders culling after bird flu outbreaks in Kerala.  Full Article 

Microsoft in China

Microsoft in China

Microsoft to pay China $140 million for 'tax evasion'   Full Article 

Flashback: 26/11

Flashback: 26/11

The three-day attack in November 2008 left 166 dead.  Slideshow 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage