Privately Held Gold
As of October 2009, gold exchange-traded funds held 1,750 tonnes of gold for private and institutional investors.
Gold Holdings Corp. a publicly listed gold company estimates that the amount of in-ground verified gold resources currently controlled by publicly traded gold mining companies is roughly 50,000 tonnes.
| Rank | Name | Type | Gold (Tonnes) |
|---|---|---|---|
| 1 | SPDR Gold Shares | ETF | 1,239 |
| 2 | ETF Securities Gold Funds | ETF | 259.79 |
| 3 | ZKB Physical Gold | ETF | 195.53 |
| 4 | COMEX Gold Trust | ETF | 137.61 |
| 5 | Julius Baer Physical Gold Fund | ETF | 93.50 |
| 6 | Central Fund of Canada | CEF | 52.71 |
| 7 | NewGold ETF | ETF | 47.75 |
| 8 | Sprott Physical Gold Trust | CEF | 32.27 |
| 9 | ETFS Physical Swiss Gold Shares | ETF | 27.97 |
| 10 | Bullionvault | Bailment | 37.1 |
| 11 | Central Gold Trust | CEF | 18.81 |
| 12 | GoldMoney | Bailment | 19.55 |
Read more about this topic: Gold Reserve
Famous quotes containing the words privately, held and/or gold:
“Rape is a culturally fostered means of suppressing women. Legally we say we deplore it, but mythically we romanticize and perpetuate it, and privately we excuse and overlook it.”
—Victoria Billings (b. 1945)
“Victory comes late—
And is held low to freezing lips—
Too rapt with frost
To take it—”
—Emily Dickinson (1830–1886)
“The intelligent have a right over the ignorant, namely, the right of instructing them. The right punishment of one out of tune, is to make him play in tune; the fine which the good, refusing to govern, ought to pay, is, to be governed by a worse man; that his guards shall not handle gold and silver, but shall be instructed that there is gold and silver in their souls, which will make men willing to give them every thing which they need.”
—Ralph Waldo Emerson (1803–1882)