First U.S. gold ETF poised to launch

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BOSTON (AFX) -- The World Gold Council has filed its last registration statement with the SEC for an exchange-traded fund tied to gold bullion, signaling the ETF could be launched as soon as next week. The highly-anticipated fund would allow U.S. investors to invest directly in gold via an exchange-listed security for the first time. Gold ETFs have already been listed in England, Australia, and South Africa.

This story was supplied by CBSMarketWatch. For further information see www.cbsmarketwatch.com or visit www.gold.org

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This page contains a single entry by Invest Offshore published on November 11, 2004 8:14 PM.

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