Gold's gains accelerated in the third quarter as record-low U.S. borrowing costs and a declining dollar boosted the appeal of alternative assets. Holdings in global ETFs backed by gold have grown 85 percent since the end of 2008, reaching an all- time high of 2,216.76 metric tons on Aug. 8, data compiled by Bloomberg show.
Gold ETF's Market Value Surpasses S&P 500 ETF
August 22, 2011
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