ETF Securities platinum, silver ETFs dip, gold up

LONDON, July 14 (Reuters) - ETF Securities said on Monday the amount of metal it held to back its silver and platinum exchange-traded funds dipped in the week to July 13, although both gold and palladium holdings edged higher.

The fund said the holdings of its Physical Platinum fund (PHPT.L) slipped 4 percent to 390,000 ounces from 407,000 ounces a week before, while metal held by its Physical Silver fund (PHAG.L) eased 2.25 pct to 9.313 million ounces.

However the quantity of metal held by its Physical Palladium (PHPD.L) fund ticked up in the same week, rising 2 percent to 252,570 ounces.

Its Physical Gold ETF (PHAU.L) edged up just over 0.25 percent last week to 1.464 million ounces.

ETFs, which issue securities backed by physical stocks of a particular metal, have represented a major source of new demand for precious metals in recent years.

(Reporting by Jan Harvey; editing by Christopher Johnson)