Bill McNabb and his team may be feeling the allure of gold. GoldETF.biz publisher Christian Magoon suspects that Vanguard[profile]  will soon file to launch a gold ETF.

According to Magoon, the gold ETF market "offers considerable assets, a healthy growth rate and legacy pricing" which should appeal to Vanguard.

Moreover, Magoon writes that "the launch of a Vanguard gold ETF appears to be an easy extension of Vanguard’s approach in the ETF business to go after large buckets of existing ETF assets with newly launched low cost options."

In case Vanguard decides to join the space, it would compete with the SPDR Gold Trust, iShares COMEX Gold Trust, ETF Securities Swiss Gold Shares and ETFS Physical Asian Gold Shares, according to Magoon.

To learn more about the tantalizing prospects offered by the yellow metal to an ETF operator, read the full article.  

Edited by: HFD


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