Thursday 8 March 2012

Source physical gold ETF SGLD vs PHAU - cheaper, growing fast

Today I tried a bit of research on the size of gold ETFs traded on the London Stock Exchange and on the spreads investors are likely to see (with a helping hand from Index Universe).

The process reveald a few more physical gold ETFs than I expected but most of them were pretty small compared to PHAU, GBS and Source (SGLD), although I couldn't always find their assets under management.

Gold breaks $1,700, no CDS showdown?

Sitting here in my Hackney flat relying on free news, Google Finance and free gold spot price charts from the likes of BullionVault I'm wondering why gold is moving up before the Greek deal.