Institutions see lure of gold trading

Gold Bullion Securities, a company that enables retail and institutional investors to trade gold without owning the actual metal, says the growing interest in the market means it is already looking to add a US listing, with other exchanges set to follow. Some $660m worth of gold has already been placed in trust as growth in demand for the market in gold securities has expanded, GBS says. "The success of Gold Bullion Securities reflects the fact that for retail and institutional investors, gold is an effective portfolio diversifier, providing insurance against extreme movements in trad...