Tue, Dec 23, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs, Fund Profile more

Investors rush to new platinum fund

Posted on 09 July 2013

Holdings of Absa Capital’s platinum-backed exchange traded fund (ETF) had reached more than half a million ounces just 10 weeks after its launch and now accounted for a quarter of all global platinum ETF reserves, the fund said.
Absa said that as of the end of Thursday, its NewPlat ETF held 503 613 ounces of platinum. Despite a relatively poor performance in the spot platinum price, there has been strong interest in the fund since its launch on April 26………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38584 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031