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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs more

ETF Securities gold, silver ETC holdings rise

Posted on 14 October 2008

From Reuters.com: ETF Securities said on Monday the amount of metal it holds to back its gold and silver exchange traded commodities rose last week, but the holdings of its platinum and palladium-backed ETCs declined.

Bullion has benefited from its appeal as a haven from risk as the financial markets descended into turmoil in recent weeks. The same chaos has dented interest in the platinum group metals, however, which are primarily industrial…… Full Article: Source


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