ETFS: Physical ETCs not expected to inflate metal prices

Following the firm's launch of the first physically-backed industrial metal ETCs and in response to whether these products could further boost metal prices, ETFS head of research and investment strategy Nick Brooks says: "We don't know, we can only look at what's been done before." He says, for example, with ETFS Physical Platinum launched earlier in the year, the firm has not seen any real indications that flows are impacting upon the price of the metal, although he does not rule out that this could be the case in the future. Brooks adds flows for futures-tracking industrial metal ET...