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UPDATE 1-Paulson leaves stake in gold unchanged in 3rd qtr -filing

Published 2017-11-14, 05:42 p/m
© Reuters. UPDATE 1-Paulson leaves stake in gold unchanged in 3rd qtr -filing
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NEW YORK, Nov 14 (Reuters) - Paulson & Co left its stake in gold investments unchanged in the third quarter, as concerns about North Korea's nuclear weapons helped lift bullion prices to a 13-month high, a U.S. Securities and Exchange Commission filing showed on Tuesday.

New York-based Paulson & Co, led by longtime gold bull John Paulson, kept its stake in SPDR Gold Trust GLD (NYSE:GLD).P at 4.36 million shares with a value of $530 million at the end of September, up from a value of $514.5 million the prior quarter, the 13F filing showed.

SPDR Gold Trust is the world's biggest gold exchange-traded fund.

Paulson also left stakes unchanged in AngloGold Ashanti Ltd ANGJ.J and NovaGold Resources Inc NG.TO , though their value declined versus the end of the second quarter. Stakes in IAMGOLD Corp IMG.TO , RandGold Resources Ltd RRS.L , and Seabridge Gold Inc SEA.TO were also unchanged but their value rose.

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