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575 Madison Avenue
New York, NY 10022-2585
212.940.8800 tel
212.940.8776 fax

PETER J. SHEA
peter.shea@kattenlaw.com
212-940-6447 direct
212 894-5724 fax

March 26, 2009

VIA EDGAR

Securities and Exchange Commission

Washington, D.C. 20549

Re: Form S-1 Filing for ETFS Gold Trust

Dear Ladies and Gentlemen:

     On behalf of the ETFS Gold Trust (“Trust”) sponsored by our client, ETF Securities USA LLC, we are filing pursuant to the Securities Act of 1933 with this correspondence the registration statement on Form S-1 covering the proposed registration of up to 1,100,000 ETFS Gold Shares of the Trust (“Registration Statement”). A blackline copy of the Registration Statement reflecting differences between the Registration Statement and the registration statement of ETFS Silver Trust is being sent to the Commission’s Staff under separate cover.

     The required registration fee in the amount of $54,828.00 has been paid by wire transfer through the FEDWIRE system.

     Please do not hesitate to contact me at (212) 940-6447 or Kathleen H. Moriarty at (212) 940-6304 if you have any questions or comments with respect to the foregoing.

Very truly yours,

/s/ Peter J. Shea

Peter J. Shea

Cc:	Mr. H. Roger Schwall
	Mr. Fred Jheon
	Mr. Greg Burgess