ETFs underperformed gold by a wide margin in 2011 but have held their own in
recent months on an improved outlook for the global economy.
shortfall in physical palladium supply has helped boost investment appetite
for the physically backed palladium ETF. Meanwhile, fund providers are
hoarding more of the precious metal.
Physical Palladium Shares (NYSEArca: PALL) is up 1.9%
over the past month, even as other precious metals were showing negative
first quarter, manager ETF Securities saw inflows into PALL and ETFS
Physical Platinum Shares (NYSEArca: PPLT) that were
seven times greater in ounces than its gold product, ETFS Physical Swiss
Gold Shares (NYSEArca: SGOL), said
manager director Will Rhind.