You are here

Investor worries over Fed policy, N Korea tensions fuel rally in bullion

Billionaire John Paulson's (above) hedge fund owns 4.36 million shares of SPDR Gold Shares. Investors have poured US$870 million into SPDR Gold in the second quarter, taking the fund's total assets to US$34 billion.

New York

HEDGE fund managers including billionaire John Paulson are being rewarded as investor worries over everything from uneven economic data to US-North Korean tensions fuel a rally in bullion.

At the end of June, Paulson & Co owned 4.36 million shares of SPDR Gold Shares,...

Market voices on: