1100 Tonnes Now in the GLD Trust

March 20, 2009 | By: Tim Iacono

This graphic only gets updated when the world's most popular gold ETF, SPDR Gold Shares (NYSE:GLD), reaches a new milestone - either a one hundred tonne increment in holdings (amounting to about $3 billion in net assets) or when it passes a country's central bank holdings (GLD passed Switzerland a couple weeks ago).



It only seems like this chart appears here a lot because the ETF is adding "tonnes to the trust" at a furious pace - 323 tonnes so far this year, an average of six tonnes per day.

Full Disclosure: Long GLD at time of writing.

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