ETF Securities seeks approval to offer a fund on gold bullion

07/28/2010 |

ETF Securities is seeking approval from the U.S. Securities and Exchange Commission to launch a gold exchange-traded fund linked to gold bullion held in physical form in Singapore. Physical-gold ETFs already on the market represent ownership interests in gold stored in London and Switzerland. The ETFS Asian Gold Trust would be the first to use a Singapore depository.

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