Definitions

Sorry, no definitions found. Check out and contribute to the discussion of this word!

Etymologies

Sorry, no etymologies found.

Support

Help support Wordnik (and make this page ad-free) by adopting the word gold-backed.

Examples

  • Today, the United States owns around 263 million troy ounces of gold we are still the world's biggest holder of gold; the Federal Reserve's monetary base is at $1.7 trillion, which means that "the price of gold at which the US dollars would be fully gold-backed is... around $6,300."

    Get Ready For a Push to Return to the Gold Standard 2011

  • SPDR Gold Trust the world's largest physical gold-backed exchange-traded fund, has seen its gold holdings stay steady for the last six trading sessions at 1,232.31 metric tons.

    Gold Futures Dip Tatyana Shumsky 2011

  • George Soros Soros Fund Management slightly increased its holdings of common shares in the SPDR Gold Trust, a gold-backed exchange-traded fund, and bought more shares of Delta Air Lines Inc. in the fourth quarter.

    Soros and Paulson Go for the Gold 2011

  • The only real debate is between paper money and gold-backed money, and it is already getting under way at the highest levels.

    There Is No Getting Around Gold Jeffrey Bell 2011

  • The most recent data from the Securities and Exchange Commission showed high-profile investor Soros Fund Management's George Soros increased his stake in the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund in the fourth quarter of 2010.

    Unrest Gives Gold New Shine Rhiannon Hoyle 2011

  • Since the first gold-backed ETF was created in 2003, such funds have collectively amassed about $70 billion in assets that might otherwise have gone into gold miners.

    Gold Miners Wield Dividend in ETF Fight Carolyn Cui 2011

  • The "gold VIX," as it is called, is based on prices investors pay for options for the SPDR Gold Trust , the world's largest physical gold-backed exchange-traded fund.

    Options Market Questions Gold's Safe-Haven Status Tatyana Shumsky 2011

  • Since the first gold-backed ETF was created in 2003, such funds have collectively amassed about $70 billion in assets that might otherwise have gone into gold miners.

    Gold Miners Wield Dividend in ETF Fight Carolyn Cui 2011

  • SPDR Gold Trust , the world's largest physical gold-backed exchange-traded fund, locked in a 12.1-metric-ton 389,000 troy ounces inflow of gold by the end of Thursday's trade.

    Silver, Gold Gain as Traders Eye EU Tatyana Shumsky 2011

  • Investors plowed billions of dollars into gold-backed exchange-traded funds, gold bars and coins.

    Wheat and Gold Stole the Quarter's Headlines Carolyn Cui 2010

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.