NEW YORK (Commodity Online): ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL) have done exceptionally well in the first week of their launch in the US market.
Platinum and palladium ETFs were launched in the US last week with much fanfare and following days witnessed huge investments coming into the platinum ETFs with reports that the metal is set to soar in the coming days.
The Trust is open ended and is designed for investors who want a cost-effective and convenient way to invest in platinum as well as diversify their precious metal holdings.
Click here for more on the early success of platinum and palladium ETFs in the U.S. market.
