LONDON, Nov. 13, 2006 -- BullionVault.com Doubles Its Gold Holdings in Six Months to Break the Two-Tonne Mark
BullionVault.com - the low-cost gold trading service for private investors - confirmed today that it's now storing more than 2 tonnes of investment gold on behalf of its customers.
Client holdings of physical gold doubled between April and November, proving once again that BullionVault is the world's fastest-growing gold bullion service online. The physical gold stored in its Zurich, New York and London vaults today is worth well over $40 million.
"The pullback in gold prices since May hasn't deterred private investors," says Director of BullionVault, Paul Tustain. "Interest in our high security, low cost service continues to grow, and we're now looking forward to another record year in 2007."
Notes:
BullionVault (www.bullionvault.com) lets private customers buy gold in the "Good Delivery Bar" form accepted by professional bullion markets -- whatever the preferred size of their purchase. This eliminates the loss of integrity and value associated with buying small gold bars for private custody.
BullionVault arranges all storage in formally recognised bullion vaults, in London, New York, and Zurich. It saves the customer significant dealing and holding costs through reduced trading spreads, the elimination of fabrication and delivery charges, and the world's lowest storage and insurance charges.
More information: http://www.bullionvault.com
Contact: Paul Tustain, Director info AT BullionVault.com +44 (0)208 6000 130
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