Precious metal ETFs: Everything that glitters

Recently, we saw iShares announce its first foray into the commodities markets with the issuance of ETCs on the London Stock Exchange. As with most exchange-traded products, this investment space has already been well covered by other UK-centric providers, most notably ETF Securities, Source and Deutsche Bank, all of whom have similar physically backed precious metals ETCs. Despite this, the decision from iShares to move into the commodity arena is positive as it plugs a previously large void in this sector for the issuer. With the global market ETP leader now in the commodity space, c...