ETF Securities Launches New Precious Metals Basket (GLTR)

Enhanced Online News reports today that ETF securities will now be offering the first-ever US-based product that will collectively include Gold, Silver, Platinum and Palladium. Under the single ticker symbol “GLTR” ( Glitter), ETFS Precious Metals Basket will list on the NYSE Arca on Oct 22,2010.

The story reports :

 ETFS Physical Precious Metal Basket Shares (Ticker: GLTR) will be the first US-based physically backed precious metal basket ETP to hold gold, silver, platinum and palladium in fixed weights. GLTR complements the existing suite of products provided by ETF Securities and continues to offer the broadest range of physically backed precious metal ETPs in the US market.

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