Two weeks ago, Apple Computer had its day in the sun, briefly surpassing Exxon Mobil in market capitalization to become the largest corporation in the world. Now it’s gold’s turn.
When the markets opened Monday, according to Robert Goldsborough, an ETF analyst at Morningstar, the total amount of money invested in the SPDR GLD ETF, the first and largest ETF for gold and backed by physical bullion held by the issuer, State Street Bank, was $76.67 billion.
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