Bloomberg: "People want to get money to safety"

Wednesday November 19, 15:00 GMT

LONDON, 19 November 2008 – BullionVault – the professional gold-ownership service for private investors – features today in Bloomberg News' report into the on-going surge in global gold investment demand.

"We have seen a phenomenal change in the demand for physical gold ownership," the news-wire quotes head of research Adrian Ash.

Now the world's fastest-growing route to outright gold ownership, BullionVault experienced five-fold growth in turnover in the 12 months ending October 31st.

"If people want to get money to safety, it's a natural instinct," says Ash.

You can read the full report – detailing the 18% year-on-year growth in global demand reported by industry-group the World Gold Council (WGC) – at Bloomberg.com.


Source: BullionVault
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