Precious Metal Holdings and ETFs Decline Amid Selloff

As the commodities pullback continues, investors are pulling their money out of precious metals and sending related exchange traded funds (ETFs) lower. ETF Securities says the amount of metal it holds to back its physical platinum exchange traded commodity (ETC) dropped 11.5% last week. Holdings for gold, silver and palladium tumbled last week, as well. U.S.-listed ETFs for [...]