“Billionaire investors George Soros and John Paulson increased their stakes in the biggest exchange- traded fund backed by gold as prices posted the largest quarterly drop since 2008. Soros Fund Management more than doubled its investment in the SPDR Gold Trust compared with three months earlier, while Paulson & Co. increased its holdings by 26 percent to 21.8 million shares. Gold prices fell as ECB President Mario Draghi and Fed Chairman Ben S. Bernanke failed to increase stimulus measures.”
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