ETF Securities Physical Platinum ETC holdings rise 23 pct

LONDON, Dec 1 (Reuters) - ETF Securities said on Monday the amount of metal it holds to back its Physical Platinum exchange-traded commodity (PHPT.L) rose 23 percent or 31,540 ounces in the week to November 28.

The ETC now holds 166,162 ounces of platinum, against 134,622 ounces on November 21, ETF Securities' head of research and investment strategy Nicholas Brooks said.

Holdings of the company's gold-backed ETC also rose 12 percent in the same period to 1.707 million ounces, he added.

(Reporting by Jan Harvey; Editing by Peter Blackburn)