15.06.2012 - Gold: Private investors rush for safety
Euro debt crisis fears has triggered a renewed demand for gold from private investors. A leading bullion dealer said that demand for gold has risen 50pc since last year and that it now holds more than 30 tonnes of gold worth more than £1bn on behalf of private investors. It is the first time it has broken the £1bn barrier it said. Adrian Ash, head of research at BullionVault, said: “While gold may slip out of view for some when prices ease back, as they have done since last summer’s record highs, private investors are using this lull to build their gold holdings...............................................Full Article: Source
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