ETF Securities Sets Silver, Platinum, Palladium Fund

Bloomberg.com reports that an ETF backed by Silver, Platinum and Palladium is set to begin trading in New York.

The story is quoted as saying:

The White Metals Basket ETF, listed on the NYSE Arca exchange under the ticker WITE, offers investors “a higher- volatility option than holding just gold or gold-related products,” William Rhind, the head of U.S. sales and marketing at ETF Securities in New York, said yesterday on a conference call.

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