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Deutsche Bank is expanding its physically backed ETC range

Deutsche Bank has bolstered its physically backed exchange-traded commodity (ETC) business with the listing of platinum and palladium products on the London Stock Exchange. The use of metals to provide collateral for ETCs has been popular since the crisis, says the bank, and more retail investors are looking to invest in physically backed ETCs. Deutsche uses gold to back all its ETCs except precious metal versions, which are backed by the metal itself. The bank stores the underlying metals in it

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