PRECIOUS METALS | SPDR Gold Trust Holdings Remain Steady

The SPDR Gold Trust, the world's largest gold exchange-traded fund (ETF), reported that its holdings remained unchanged at 1,078.75 tons. According to Jin10, this stability in holdings comes amid fluctuating market conditions. The consistency in the ETF's gold reserves suggests a steady investor sentiment towards gold as a safe-haven asset. The unchanged holdings indicate that investors are maintaining their positions in gold, reflecting ongoing market uncertainties and the metal's role as a hedge against economic volatility.