Last week, ETF Securities saw the largest net inflows into its exchange-traded commodities (ETCs) since July.  A net inflow of US$ 185 million into ETCs was recorded, with precious metals, energy and industrial metals seeing the bulk of the flows.

The largest net creations were in ETFS Physical Gold ($140 million), ETFS Physical Platinum ($35 million), ETFS Crude Oil, ETFS Brent, ETFS WTI and ETFS Leveraged Crude Oil ($33 million in total).

Outflows from inverse (short) ETCs exceeded inflows by a factor of 2:1, and inflows into leveraged ETCs exceeded outflows by the same margin.  Both trends indicate a more positive investor view on the commodity price outlook, after the price declines of recent months.

Nik Bienkowski, Chief Operating Officer at ETF Securities, commented, "A fall in demand has driven commodity prices down recently.  However the tight supply situation in a number of commodities has not changed significantly. Recent record flows into ETFS Physical Platinum and oil ETCs, whose prices have fallen by approximately 65% from their peaks this year, show that some commodities may now be offering good long term potential. Regardless of an investor's view, ETF Securities offers both long and short ETCs, which enable investors to profit in a rising or falling market."