LMEWEEK-Goldman, BlackRock decline to comment on copper ETP

LONDON, Oct 13 (BestGrowthStock) – U.S. bank Goldman Sachs (GS.N: )
and the world’s largest asset manager, BlackRock (BLK.N: ),
declined on Wednesday to comment on market talk that they were
planning a copper exchange-traded product.

Industry sources said the launch — expected to start with
50,000 tonnes of copper — was initially planned for this week,
but was pulled because Goldman and BlackRock were pre-empted by
UK-based ETF Securities on Monday. [nLDE69A0I5]

(Reporting by Pratima Desai; editing by Jane Baird)

LMEWEEK-Goldman, BlackRock decline to comment on copper ETP