UPDATE 1-U.S. gold ETF delivers first physical bullion coins; holdings grow
July 23, 2014 at 16:49 PM EDT
NEW YORK, July 23 (Reuters) - Merk Gold Trust, a bullion-backed exchange-traded fund which allows its shares to be redeemed for physical gold, said on Wednesday it has made its first delivery in dozens of U.S. gold coins to an investor.