Eton Park's Gold Bet Pays Off as ETFs Soar Most in Four Years – Bloomberg
Bloomberg |
Eton Park’s Gold Bet Pays Off as ETFs Soar Most in Four Years
Bloomberg Holdings in exchange-traded funds backed by the metal soared $4.3 billion on Friday, the most in four years, after the U.K.’s Brexit vote drove futures to a two-year high. The value of SPDR Gold Shares, the largest bullion ETF, surged the most since 2008. |