
Fetching...

23 July 2026
We are pleased to announce the licensing of the Indxx Quality Precious Metals Miners Index by First Trust. The Index serves as the underlying benchmark for the First Trust Indxx Quality Precious Metals Miners ETF (PMTL), which began trading in the United States on the New York Stock Exchange today.
The Indxx Quality Precious Metals Miners index is designed to track the performance of companies primarily engaged in the extraction, production, and refinement of precious metals, including gold, silver, platinum, palladium, rhodium, iridium, and osmium. Companies with diversified operations are included if their main focus is on precious metals.
Rahul Sen Sharma, President and Co-CEO at Indxx, said, “Precious metals are seeing historic demand. Globally, central banks bought 863 tonnes of gold in 2025, the fourth straight year of elevated buying, and gold prices touched an all-time high above $5,400 an ounce in early 2026. On the silver side, US retail demand for physical bars and coins is forecast to rebound 57% in 2026. Silver is heading into its sixth consecutive year of supply deficit as industrial and investment demand continues to outpace mine production. Against this backdrop, quality precious metals miners offer investors a compelling way to gain exposure to the theme — companies with strong fundamentals that can benefit directly from rising metal prices and tightening supply. We're proud to license the Indxx Quality Precious Metals Miners Index to First Trust.”
Ryan O. Issakainen, ETF Strategist at First Trust, said, “Gold and silver miners sit at the intersection of monetary policy, industrial demand, and supply constraints. We believe exposure to this asset class may help investors hedge against monetary debasement and navigate an increasingly uncertain geopolitical landscape. This ETF gives investors a straightforward way to capture that opportunity.”
As of 23rd July 2026, the index has 75 constituents. The index has been backtested to September 30, 2020 and has a live calculation date of May 21, 2026. For additional information, please see here.
Founded in 2005, Indxx endeavors to deliver innovative solutions to the investment management community at large. These range from end-to end indexing solutions to index services and technology products. Indxx and products tracking our indices have been nominated for and received numerous awards, including ‘Index Provider of the Year’ at the With Intelligence Mutual Fund & ETF Awards 2022 & 2023, ‘Best Index Provider - Emerging Markets ETFs’ at the ETF Express US Awards in October 2020, and ‘Most Innovative ETF Index Provider Americas‘ at the 14th Annual Global ETF Awards in July 2018.
For more information about this announcement, please contact:
marketing@indxx.com