Italians to Launch New Metal ETF Investment Products

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These ETFs are to be backed by physical metal holdings and will be offered in gold, silver, platinum and palladium.

A set of new metal ETF investment products for the Italian trading bourse launched this week.

These ETFs are to be backed by physical metal holdings and will be offered in gold, silver, platinum and palladium.

Interestingly, ETF Securities stated in the release that the metal backing the ETFs will not be available for loan into the market, a concern many market pundits have become keenly aware of due to some loopholes in existing metal ETFs.

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