Paulson & Co held its stake steady in the world’s biggest gold exchange-traded fund while Soros Fund Management stayed out of the precious metal in the first quarter of 2017, when bullion prices rallied to 3-1/2-month highs, a filing showed on Monday.
New York-based Paulson & Co, led by longtime gold bull John Paulson, kept its stake unchanged in SPDR Gold Trust at 4.36-million shares valued at $517.6-million at the end of March, a regulatory US Securities and Exchange Commission showed.
