ETF Securities close acquisition of Gold Bullion Securities
ETF Securities has completed the acquisition of Gold Bullion Securities’ Exchange Traded Commodities (ETC) products listed on London and Australian Stock Exchanges.
“The world's first two gold ETCs, GBS and GOLD have played a pivotal role in the development of the allocated, physically-backed, gold ETC/ETF market, which now represents more than 1093 tonnes of global gold demand,” says James Burton chief executive of World Gold Council.
Chairman of ETF Securities Graham Tuckwell says, “The acquisition of these two gold ETCs demonstrates ETF Securities’ commitment to be the leading provider of exchange traded commodities. These products will fit well within
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