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GLD, the largest gold based ETF, holds bullion. Gold bullion trades in the unregulated OTC markets.
by scarletham 13y ago
GLD, the largest gold based ETF, holds bullion. Gold bullion trades in the unregulated OTC markets.
- trotsky 13y agoThere are plenty of US regulations that apply to gold: purity, weight standards, futures regulations, security standards, etc. And i'd be pretty surprised if they didn't trade through COMEX or use them or someone similar for clearance or bonded storage.