Economic Calendar

Monday, July 6, 2009

ETF Securities Palladium Holdings Rise 1.4% to Record

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By Nicholas Larkin

July 6 (Bloomberg) -- Palladium held in ETF Securities Ltd.’s exchange-traded commodities rose 1.4 percent to a record 321,748 ounces on July 3 from 317,228 ounces the day before, according to the company’s Web site.

ETF Securities’ palladium assets gained 1.6 percent last week as the metal for immediate delivery in London added 0.7 percent to $247.75 an ounce in the period.

The company’s gold holdings, little changed on July 3 from the previous day, gained 0.7 percent last week as spot prices slipped 0.8 percent.

ETF Securities’ silver assets were unchanged on July 3 from the previous day and fell 4 percent last week, the data show. Platinum investment was also unchanged on July 3 and little changed for the week.

To contact the reporter on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net




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