RT Journal Article SR Electronic T1 Market Microstructure of Precious Metal ETFs JF The Journal of Index Investing FD Institutional Investor Journals SP 48 OP 56 DO 10.3905/jii.2014.5.2.048 VO 5 IS 2 A1 Michael J. Naylor A1 Udomsak Wongchoti A1 Hero Ith YR 2014 UL https://pm-research.com/content/5/2/48.abstract AB Precious metals have been popular since the global financial crisis. This has been reflected in both a rise in the price of physical metals, as well as in the use of precious metal exchange traded funds (ETFs). This article offers the first analysis of the dynamics of precious metal ETFs and interrelationships between the price of physical precious metals and their associated ETFs. Traders will be able to use our results to help trade or hedge gold and silver prices during periods of market volatility.TOPICS: Commodities, exchange-traded funds and applications, financial crises and financial market history