Cheaper Gold ETF is in The Works

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The World Gold Council (WGC) could introduce a new gold-backed exchange traded fund aimed at cost-conscious investors. The WGC issues the SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold-backed ETF, in partnership with State Street Global Advisors (SSgA). GLD charges 0.40% per year, or $40 on a $10,000 investment. “The World Gold Council, owner of [...]

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