Platinum ETFs see surge in cash
By GCRU Gold News on Wednesday, August 19 2015, 04:19 - Permalink
At a time when investors are bailing on most commodities, money is steadily flowing to platinum funds.
Exchange-traded products tracking the metal have seen assets rise to 88.6 metric tons, near a one-year high and about 1% from a record, data compiled by Bloomberg show. Funds in South Africa, where most of the world’s platinum is mined, saw the biggest increase in assets.