The SPDR Gold Trust, world’s largest gold-backed exchange-traded fund (ETF), saw a rise of 1.4% in its assets, Reuters reports. The ETF’s holdings climbed from 1,263.59 tonnes on Aug.1, 2011, to 1,281.76 tonnes.

The increase was seen as gold surged over 2.5% on Aug. 2, 2011. The trust reported holdings of 1,320.436 tonnes on June 29, 2010.

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