Outstanding shares of the iShares Gold Trust

Outstanding shares of the iShares Gold Trust, the bottom of the fourth largest publicly traded backed by gold, rose in most of the more than four years yesterday.

The number of shares increased by 27 million, or 7.6 percent, to 383.55 million, the biggest increase since February 2006. About 28 million shares changed hands yesterday in an operation block is equal to more than 90 percent of the volume of the day. Trade, which occurred at 1:41 pm in New York at 13.6762 per share, was worth about 383 million U.S. dollars.

Soros Fund Management, according to the website Soro manages about $ 27 billion, added a stake in the iShares Gold Trust in the third quarter after cutting its stake in the SPDR Gold Trust, the largest gold-backed fund. Investors have amassed record amounts of precious metals this year, sending global asset exchange-traded products by 17 percent, data from 10 providers of entertainment.

Outstanding shares of the SPDR Gold Foundation were unchanged yesterday at 424.7 million. Yesterday at 1:40 pm, about 2.8 million shares of SPDR Gold Trust are traded on a single block of transaction that is equal to more than 20 percent of the volume of the day.

Gold futures, which hit a record $ 1432.50 an ounce on 07 December, rose $ 6.30, or 0.5 percent, to settle at $ 1404.30 an ounce on the Comex 13:46 New York. The metal, up 28 percent this year, went to the 10 th consecutive annual gain.

Lance Berg, a spokesman for the iShares fund, and Natalie Zarechnak a SPDR fund spokesman declined to comment about the trades.