Exchange traded fund demand helps silver, palladium

India Info Online.com reports that Palladium  ETFs tracked by Bloomberg increased their holdings by 36 100 ounces in the last three days.

The story is quoted as saying:

Silver and palladium have gained almost 10% and 13% since their mid week low says Commerzbank in a research note. This coincides with high inflows into exchange traded funds Commerzbank says. The world s largest silver ETF iShares Silver Trust recorded inflows of around 55 tons in the past three days the bank says.

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