Holdings in the SPDR Gold Trust, the world’s largest exchange-traded product backed by the metal, fell below 1,000 metric tons for the first time in four years, erasing more than $29 billion from the fund’s value this year.
In 2013, the assets have slumped 351.3 tons, or 26 percent, to 999.56 tons, the lowest since February 2009, according to data compiled by Bloomberg. Holdings reached a record 1,353.35 tons in December. Billionaire John Paulson is the biggest investor in the fund
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