BOK holds $250m in US gold ETF, 1st gold investment in 13 yrs

The Bank of Korea said Thursday that it holds more than $250 million worth of a gold exchange-traded fund traded on the US stock market, marking its first investment in gold in 13 years. In a filing with the US Securities and Exchange Commission, the BOK said it held 679,765 shares of SPDR Gold Trust, one of the most widely traded gold ETFs in the United States, worth $250.4 million as of the end of the second quarter. Gold ETFs provide investors with exposure to gold by tracking changes in the

By The Korea Herald