Monday, August 04, 2008

HKEx Launched Gold ETF

The HKEx has just launched a Gold ETF (#2840). For those who wants to take a punt on the price of gold, this is a new vehicle which is a lot safer than gold futures or trading in commodities.

The SPDR Gold Trust is one of the world's largest commodity ETF (fund size > US$19billion). See www.spdrgoldshares.com.

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