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Old 04-25-2012, 05:45 PM
Silver and Gold Silver and Gold is offline
Join Date: Jan 2009
Posts: 3,707
Default Goldman Sachs Gold ETF in India Sees 11 Fold Surge in Volume

Trading in Goldman Sachs Group Inc.ís gold ETF in India surged almost 11 fold, leading an advance in gold securities, as investors bought gold to mark the auspicious Hindu festival of Akshaya Tritiya.

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Old 04-25-2012, 08:08 PM
coindog coindog is offline
Join Date: Nov 2010
Posts: 7,380
Default suprised

that is a suprise. I thought in India they went for the real thing most all the time. but they don't give any $$ or OZ amounts. is that from a really low base and a % of the market would be nice to know.

Last edited by coindog : 04-25-2012 at 08:11 PM.
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Old 04-26-2012, 12:57 AM
litemine litemine is offline
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Join Date: Nov 2009
Posts: 1,978
Default When the take delivery

They may use this for colection what they think is GOLD,
when they want to get Physical, thier own Building 7 will fall.
Goldman sucks.
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