BlackRock-owned exchange-traded fund provider iShares has launched a range of physically-backed exchange traded commodities (ETCs) for UK investors.

The iShares Physical Gold, Physical Silver, Physical Platinum and Physical Palladium ETCs have been listed on the London Stock Exchange.

The products will aim to track the day-to-day price of the underlying physical metals.

Day-to-day prices for gold and silver are published by the London Bullion Market Association while the London Platinum and Palladium Market publish platinum and palladium prices.
 
Joe Linhares, head of iShares Europe, Middle East & Africa, said, 'Commodity related exchange traded products are generating significant interest from investors and as a fiduciary manager we take the responsibility of our investors’ interests very seriously.'

The Physical Gold ETC has a total expense ratio (TER) of 0.25 per cent, while the silver, platinum and palladium ETCs have a TER of 0.4 per cent.