Bank of Korea held US$250 million stake in US-listed gold ETF as of end-June, SEC filing shows

The Bank of Korea bought and held 679,765 shares of SPDR Gold Trust, valued at about US$250.4 million (HK$1.95 billion) as of end-June, a US Securities and Exchange Commission filing showed, marking its first disclosed gold investment since buying physical gold in 2013.

A Bank of Korea official said the exchange-traded fund (ETF) investment was unrelated to the central bank's recently announced plan to buy domestically produced gold.

Reuters

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