FACTBOX-Platinum, Palladium exchange traded funds


NEW YORK, May 18 (Reuters) - The recent launch of the first platinum group metals exchange-traded funds in Europe is set to boost investment demand and drive prices toward record highs. There is currently no platinum and palladium fund in the U.S. market, despite market talk of another metal-backed ETF to be started there. Regulatory hurdles and opposition by automakers, the major U.S. consumers, could make a U.S. PGMs ETF difficult, analysts said. ETFs allow investors to gain exposure ...

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