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Wealth in SPDR Gold conviction, the world's biggest gold-backed exchange-traded support, increases 0.28 percent to 950.05 tons on Wednesday, the maximum since July 2013. It is basically too hesitant a situation to be attractive a short-term observation on gold correct now (apart from possibly day trading it) and so we would remain for the powder to resolve before doing so,' INTL Festooned analyst Edward Meir said in a letter.