FACTBOX-Precious metals holdings of exchange-traded funds

 LONDON, April 28 (Reuters) - Exchange-traded funds backed by precious metals saw record
inflows in the first quarter of 2009 as investors sought a haven from volatility in other
 ETFs back each security issued with physical stocks of a given commodity, creating a
product they claim is free from counterparty risk.
 Following is a list of the main ETFs backed with precious metals in Europe and the United

NAME                                       COMMODITY   HOLDINGS (OZ)          DATE      ORIGIN
SPDR Gold Trust GLD                           Gold    35,509,158         27/04/09       U.S.
ZKB Physical Gold ZGLD.S                      Gold     4,546,528         27/04/09      Swiss
Gold Bullion Securities GBSx.L                Gold     4,263,944         27/04/09         UK
ETF Securities Physical Gold PHAU.L           Gold     2,704,489         27/04/09         UK
COMEX Gold Trust IAU                          Gold     2,198,111         27/04/09       U.S.
Julius Baer Gold                                Gold     1,166,175         24/04/09      Swiss
iShares Silver Trust SLV                    Silver   270,484,575         27/04/09       U.S.
ZKB Physical Silver ZSIL.S                  Silver    46,097,028         27/04/09      Swiss
ETF Securities Physical Silver PHAG.L       Silver    17,558,796         27/04/09         UK
ETF Securities Physical Platinum PHPT.L   Platinum       347,596         27/04/09         UK
ZKB Physical Platinum ZPLA.S              Platinum       170,321         27/04/09      Swiss
ZKB Physical Palladium ZPAL.S            Palladium       556,905         27/04/09      Swiss
ETF Securities Physical Palladium PHPD.L Palladium       273,447         27/04/09         UK
 The figures above are those reported to Reuters by the organisations involved by telephone
or email on the date shown, or those that are publicly available on their web sites.
 (Compiled by Jan Harvey; Editing by James Jukwey)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.